Thomas Malthus believed that in the long run, the growth rates of real GDP would not exceed population growth

The actual unemployment rate can be greater than or less than the natural rate of unemployment

Indicate whether the statement is true or false

For a nation to have ________ in producing a good it must have a lower opportunity cost of producing that good than the other country

A) a comparative advantage B) an autarky advantage C) an absolute advantage D) both a comparative advantage and an absolute advantage