Multiple Choice
According to Malthus, a fixed quantity of land and a growing population combined to produce:
A) continuous but variable economic growth.
B) accelerating economic growth.
C) a stationary state in which growth ceased.
D) a stationary state in which the economy grew, but at a fixed and unchangeable rate.
Correct Answer:
Verified
Correct Answer:
Verified
Q54: Network externalities:<br>A)can explain why more efficient technologies
Q55: Which of the following is a potential
Q56: Adam Smith stressed specialization and division of
Q57: The rule of 72 implies that a
Q58: One of the predictions of the Classical
Q60: The rule of 72 implies that a
Q61: Microsoft Word is the most widely used
Q62: The law of diminishing marginal productivity implies
Q63: Per capita growth:<br>A)occurs only when the population
Q64: If per capita output increases by 5