What role does population growth play in economic development?

What will be an ideal response?

Rapid population growth creates a high dependency ratio and requires substantial investment of resources in health, education, and training. These resources could alternatively have been invested in physical capital and infrastructure to promote the growth of GDP.

Economics

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In the table above, what does the private sector surplus equal?

A) $500 billion B) $350 billion C) $150 billion D) $0

Economics

A monopolist picks the quantity of output at which price equals marginal cost.

Answer the following statement true (T) or false (F)

Economics