« previous next »

Author Question: The classical model of Malthus predicted that economies would A) continue to grow indefinitely. ... (Read 60 times)

skymedlock

  • Hero Member
  • *****
  • Posts: 561
on: Jun 29, 2018
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
Reply #1 on: Jun 29, 2018
Answer to Question 1

C

Answer to Question 2

B


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
« previous next »
 

Did you know?

Hippocrates noted that blood separates into four differently colored liquids when removed from the body and examined: a pure red liquid mixed with white liquid material with a yellow-colored froth at the top and a black substance that settles underneath; he named these the four humors (for blood, phlegm, yellow bile, and black bile).

Did you know?

Anesthesia awareness is a potentially disturbing adverse effect wherein patients who have been paralyzed with muscle relaxants may awaken. They may be aware of their surroundings but unable to communicate or move. Neurologic monitoring equipment that helps to more closely check the patient's anesthesia stages is now available to avoid the occurrence of anesthesia awareness.

Did you know?

The average older adult in the United States takes five prescription drugs per day. Half of these drugs contain a sedative. Alcohol should therefore be avoided by most senior citizens because of the dangerous interactions between alcohol and sedatives.

Did you know?

When Gabriel Fahrenheit invented the first mercury thermometer, he called "zero degrees" the lowest temperature he was able to attain with a mixture of ice and salt. For the upper point of his scale, he used 96°, which he measured as normal human body temperature (we know it to be 98.6° today because of more accurate thermometers).

Did you know?

In 1835 it was discovered that a disease of silkworms known as muscardine could be transferred from one silkworm to another, and was caused by a fungus.

The Milestones of Adjustment Post-Psychosis model outlines a four-phase trajectory from a psychotic ... The Milestones of Adjustment Post-Psychosis model outlines a four-phase trajectory from a psychotic ...
Predicted Temperature Trends Through the 21st Century Predicted Temperature Trends Through the 21st Century
How does your baby grow up starting from 4th month? How does your baby grow up starting from 4th month?
Generalized model of semiconservative replication of DNA Generalized model of semiconservative replication of DNA
Model depicting how genetic recombination Model depicting how genetic recombination
A multistep model for colon cancer. The first mutation, in the APC gene, leads to the formation of p A multistep model for colon cancer. The first mutation, in the APC gene, leads to the formation of p
Video: Action potentials - electrical characteristics and generation

For a complete list of videos, visit our video library