In the 1700s, Reverend Thomas Malthus predicted that:

a. per capita economic growth would not change very much since humans were already content with their standards of living.
b. per capita economic growth would tend to rise as modern birth control techniques caused the rate of population growth to decline.
c. per capita economic growth would eventually become negative since population growth would tend to outstrip production.
d. per capita economic growth would tend to rise in the future because technological advances in production would outpace population growth.

c

Economics

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Which philosophy, advocated by Alexander Hamilton's "Report on Manufactures" as a means to create strong U.S. development, also successfully worked for Germany and Japan?

a. protectionism b. socialism c. isolationism d. capitalism

Economics

In the above figure, the economy is initially at point B. If the exchange rate falls, there is

A) a movement to point C. B) a movement to point A. C) a shift to AD2. D) a shift to AD1.

Economics