It can be argued that Thomas Malthus' An Essay on the Principle of Population statement that population growth will always outstrip food production has been discredited due to
A) increase in the world-wide farming population.
B) less world-wide consumption of grains.
C) improvement in technology of food production.
D) increase in food processing facilities.
C
Economics
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The market demand curve for coffee is the same as the
A) marginal social cost curve of coffee. B) marginal social benefit curve of coffee. C) opportunity cost curve of coffee. D) marginal social benefit curve minus the marginal social cost curve of coffee.
Economics
Let M = money supply; P = price level; V = velocity; Y = real GDP. The equation of exchange is given by
A) M x V=nominalGDP. B) M x Y=P x V. C) M x P=V x Y. D) M x V=(1/V)P x Y.
Economics