The new growth theory was developed by ________ and proposes that ________.
A) Thomas Malthus; increases in population drive wages to their subsistence level
B) Ben Bernanke; changes in the money supply drive economic growth
C) Paul Romer; the desire for profits drives increases in real GDP per person
D) Adam Smith; markets will determine the appropriate economic growth rate
E) Robert Solow; increases in technology growth are responsible for economic growth
Question 2
________ shifts the consumption function upward.
A) A decrease in the marginal propensity to consume
B) An increase in the price level
C) An increase in the real interest rate
D) An increase in expected future disposable income
E) An increase in disposable income
Growth of yeast cells in culture fits the logistic growth model.
Linear alopecia developed in this man from daily wearing of his military uniform cap
The cranium of a young infant changes dramatically in shape with age. Initially the child has severa
In The Gross Clinic (1875), by Thomas Eakins, Professor Samuel Gross’s team of surgeons cuts through
More and Less Developed Countries
Per capita consumption of power is high in the developed world and highest in the United States