Economist Michael Kremer provides some support for the hypothesis that an increase in population might foster economic prosperity. Which of the following best explains this hypothesis?
A)More people can produce more ideas, which contribute to increasing productivity.
B)More people are able to produce more output, everything else being the same.
C)A larger population implies more demand for goods and services, which stimulates the economy.
D)When there is a large number of children, governments need to invest more in education, which fosters economic growth.

Question

Quizplus · Accepted Answer

An increase in population can lead to more ideas and innovations, which can enhance productivity and contribute to economic prosperity.

Economist Michael Kremer Provides Some Support for the Hypothesis That