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book Essentials of Economics 7th Edition by Gregory Mankiw cover

Essentials of Economics 7th Edition by Gregory Mankiw

Edition 7ISBN: 978-1285165950
book Essentials of Economics 7th Edition by Gregory Mankiw cover

Essentials of Economics 7th Edition by Gregory Mankiw

Edition 7ISBN: 978-1285165950
Exercise 2
Thomas Robert Malthus believed that population growth would
A) put stress on the economy's ability to produce food, dooming humans to remain in poverty.
B) spread the capital stock too thinly across the labor force, lowering each worker's productivity.
C) promote technological progress, because there would be more scientists and inventors.
D) eventually decline to sustainable levels, as birth control improved and people had smaller families.
Explanation
Verified
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Malthus states that large population wil...

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Essentials of Economics 7th Edition by Gregory Mankiw
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