Which of the following did Thomas Malthus believe would deter sustained increases in the growth of income per capita?
a. excessive growth of government expenditures
b. rapid growth of population
c. the availability of natural resources
d. adverse climate conditions
Answer: b. rapid growth of population
Economics
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What is a period of economic growth as measured by a rise in real GDP called?
(A) An expansion (B) A contraction (C) A peak (D) A business cycle
Economics
Open-market operations are easy for the Federal Reserve to conduct and are therefore the tool of monetary policy that the Federal Reserve uses most often.
Answer the following statement true (T) or false (F)
Economics