Malthus was too pessimistic because he did not foresee the effects of
A) ever increasing amounts of land for cultivation.
B) increases in the capital stock and the effects of such increases on production.
C) improved nutrition and health care.
D) improved family planning practices.
B
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Which is true about M1?
a. it is the sum of US coins and currency b. it is the sum of US coins and currency, and checking accounts c. it is the sum of US coins and currency, checking and savings accounts d. it is the sum of US coins and currency, checking accounts, savings accounts, and large CDs
Inventories refer to
A) goods that have been planned but not yet produced. B) goods that have been produced and sold in the same year. C) goods which have been presold before they are produced. D) goods that have been produced but not yet sold.