Author Question: The classical model of Malthus predicted that economies would A) continue to grow indefinitely. ... (Read 81 times)

skymedlock

  • Hero Member
  • *****
  • Posts: 561
The classical model of Malthus predicted that economies would
 
  A) continue to grow indefinitely.
  B) experience rapid technological progress.
  C) reach a state where the growth of real GDP per person stopped.
  D) experience significant productivity growth.

Question 2

The demand for computer chips is a downward sloping straight line. If there is an increase in the supply of computer chips, this change will
 
  A) increase the price elasticity of demand for computer chips.
  B) decrease the price elasticity of demand for computer chips.
  C) have no effect on the price elasticity of demand for computer chips.
  D) have an unpredictable effect on the price elasticity of demand for computer chips.



medine

  • Sr. Member
  • ****
  • Posts: 344
Answer to Question 1

C

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Drug-induced pharmacodynamic effects manifested in older adults include drug-induced renal toxicity, which can be a major factor when these adults are experiencing other kidney problems.

Did you know?

If you could remove all of your skin, it would weigh up to 5 pounds.

Did you know?

Tobacco depletes the body of vitamins A, C, and E, which can result in any of the following: dry hair, dry skin, dry eyes, poor growth, night blindness, abscesses, insomnia, fatigue, reproductive system problems, sinusitis, pneumonia, frequent respiratory problems, skin disorders, weight loss, rickets, osteomalacia, nervousness, muscle spasms, leg cramps, extremity numbness, bone malformations, decayed teeth, difficulty in walking, irritability, restlessness, profuse sweating, increased uric acid (gout), joint damage, damaged red blood cells, destruction of nerves, infertility, miscarriage, and many types of cancer.

Did you know?

There are 60,000 miles of blood vessels in every adult human.

Did you know?

People often find it difficult to accept the idea that bacteria can be beneficial and improve health. Lactic acid bacteria are good, and when eaten, these bacteria improve health and increase longevity. These bacteria included in foods such as yogurt.

For a complete list of videos, visit our video library