This topic contains a solution. Click here to go to the answer

Author Question: The Malthusian theory A) shows that the production function will shift upward continuously. B) ... (Read 35 times)

luminitza

  • Hero Member
  • *****
  • Posts: 555
The Malthusian theory
 
  A) shows that the production function will shift upward continuously.
  B) predicts that the real GDP per person will continue to increase as long as technology increases.
  C) is also called the classical growth theory and predicts that we will run out of resources.
  D) claims that the subsistence wage will increase over time.
  E) is also called the neoclassical growth theory.

Question 2

The sum of the balances of the three accounts of the balance of payments (the current account, the capital and financial account, and the official settlements account) is
 
  A) positive if there is a balance of trade surplus or negative if there is a balance of trade deficit.
  B) negative if there is a balance of trade surplus or positive if there is a balance of trade deficit.
  C) equal to zero.
  D) positive if there is a balance of trade surplus.
  E) negative if there is a balance of trade deficit.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

akpaschal

  • Sr. Member
  • ****
  • Posts: 342
Answer to Question 1

C

Answer to Question 2

C




luminitza

  • Member
  • Posts: 555
Reply 2 on: Jun 29, 2018
Thanks for the timely response, appreciate it


nothere

  • Member
  • Posts: 324
Reply 3 on: Yesterday
:D TYSM

 

Did you know?

The toxic levels for lithium carbonate are close to the therapeutic levels. Signs of toxicity include fine hand tremor, polyuria, mild thirst, nausea, general discomfort, diarrhea, vomiting, drowsiness, muscular weakness, lack of coordination, ataxia, giddiness, tinnitus, and blurred vision.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

The average person is easily confused by the terms pharmaceutics and pharmacology, thinking they are one and the same. Whereas pharmaceutics is the science of preparing and dispensing drugs (otherwise known as the science of pharmacy), pharmacology is the study of medications.

Did you know?

A strange skin disease referred to as Morgellons has occurred in the southern United States and in California. Symptoms include slowly healing sores, joint pain, persistent fatigue, and a sensation of things crawling through the skin. Another symptom is strange-looking, threadlike extrusions coming out of the skin.

Did you know?

Studies show that systolic blood pressure can be significantly lowered by taking statins. In fact, the higher the patient's baseline blood pressure, the greater the effect of statins on his or her blood pressure.

For a complete list of videos, visit our video library