Multiple Choice
Economist Michael Kremer provides some support for the hypothesis that an increase in population might foster economic prosperity. Which of the following 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:

Verified
Correct Answer:
Verified
Q11: In ten years, when you are the
Q23: In a market economy, what is scarcity
Q29: Which of the following is an important
Q32: One of the Ten Principles of Economics
Q36: Drug companies can usually obtain patents on
Q37: A puzzle: The share of GDP devoted
Q39: Laurie works 8 hours and produces 7
Q115: From 1960 to 1990, what happened to
Q132: Changes in the prices of most natural
Q159: In a market economy, what does the