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
B
Economics
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How does the discovery of new resources affect trade patterns around the world?
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Excess reserves are put to use by a bank when it
a. puts cash in the vault to back existing loans. b. pays off the mortgage on its building. c. sells government securities. d. makes loans to its customers.
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