8. Under a Malthusian paradigm, why do wars, pandemics, and famines cause a temporary increase in per-capita wealth? (A) The corporations associated with weapons, pharmaceuticals, and agriculture profit, thus increasing economic growth. (B) The available resources are shared between fewer individuals, since many have died. (C) The available resources increase in price, since demand rises. (D) Per-capita wealth never rises under a Malthusian paradigm.
8. Under a Malthusian paradigm, why do wars, pandemics, and famines cause a temporary increase in per-capita wealth? (A) The corporations associated with weapons, pharmaceuticals, and agriculture profit, thus increasing economic growth. (B) The available resources are shared between fewer individuals, since many have died. (C) The available resources increase in price, since demand rises. (D) Per-capita wealth never rises under a Malthusian paradigm.
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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8. Under a Malthusian paradigm, why do wars, pandemics, and famines cause a temporary increase in per-capita wealth?
(A) The corporations associated with weapons, pharmaceuticals, and agriculture profit, thus increasing
(B) The available resources are shared between fewer individuals, since many have died.
(C) The available resources increase in price, since
(D) Per-capita wealth never rises under a Malthusian paradigm.
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