In the Malthusian model of economic growth, an increase in the quantity of land
A) increases steady state per capita consumption, and increases the steady state population.
B) has no effect on steady state per capita consumption or on steady state population.
C) has no effect on steady state per capita consumption, and increases the steady state population.
D) increases per capita consumption, and reduces the steady state population.
C
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Which of the following public policies is an example of a price ceiling?
A. Support prices for agricultural commodities B Minimum wage laws C Rent control program D all of the above
Using the table above, the Current Population Survey classifies the group of individuals obtained by adding groups 5 and 6 as
A) the labor force. B) employed. C) discouraged workers. D) unemployed. E) the working age population.