Multiple Choice
Malthus was too pessimistic because he did not foresee the effects of
A) ever increasing amounts of land for cultivation.
B) increases in the capital stock and the effects of such increases on production.
C) improved nutrition and health care.
D) improved family planning practices.
E) increase productivity of land.
Correct Answer:
Verified
Correct Answer:
Verified
Q1: In Solow's model of economic growth,
Q2: The Malthusian model performs poorly in explaining
Q3: Rates of growth of real per capita
Q5: Total factor productivity can be influenced by<br>A)
Q6: In an endogenous growth model, growth is
Q7: In the Solow growth model<br>A) higher total
Q8: Long-run growth in the standard of living
Q9: The Golden Rule Quantity of capital per
Q10: The Solow model suggests that, to improve
Q11: If changes in economic policy could cause