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Author Question: Which of the following is an example of an adverse supply shock? A) OPEC cuts oil production B) ... (Read 153 times)

jparksx

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on: Jun 30, 2018
Which of the following is an example of an adverse supply shock?
 
  A) OPEC cuts oil production
  B) a large oil spill in the Gulf of Mexico
  C) a devastating hurricane off the Louisiana coast
  D) all of the above
  E) none of the above

Question 2

In the Malthusian model of economic growth
 
  A) Per capita consumption affects birth rates and death rates.
  B) Per capita consumption affects birth rates but not death rates.
  C) Per capita consumption affects death rates but not birth rates.
  D) Per capita consumption is always constant.


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bfulkerson77

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Reply #1 on: Jun 30, 2018
Answer to Question 1

D

Answer to Question 2

A


jparksx

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Reply #2 on: Jun 30, 2018
Correct answers!


bfulkerson77

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Reply #3 on: Jun 30, 2018
Great! Please up vote :D


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