Solved

Economist Michael Kremer Provides Some Support for the Hypothesis That

Question 143

Multiple Choice

Economist Michael Kremer provides some support for the hypothesis that an increase in population might foster economic prosperity. Which statement best explains this hypothesis?


A) More people can produce more ideas, which contribute to increasing productivity.
B) More people are able to produce more output, everything else being the same.
C) A larger population implies more demand for goods and services, which stimulates the economy.
D) When there is a large number of children, governments need to invest more in education, which fosters economic growth.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions