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Recall Application 1, "The Black Death and the Living Standards

Question 76

Multiple Choice

Recall Application 1, "The Black Death and the Living Standards in Old England," to answer the following questions:
-According to the application, which economist made the observation all the way back in the 19th century that maladies such as plagues would cause a temporary increase in living standard?


A) David Ricardo
B) Adam Smith
C) John Maynard Keynes
D) Thomas Robert Malthus

Correct Answer:

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