A. Investment in "infrastructure" represents spending on: O roads, bridges, canals, etc. O human capital (education) O government institutions O innovation to physical capital B. Which of the following was not one of Thomas Malthus' assumptions regarding population and economic growth? O Per-capita income would increase. O The economy was agriculturally based O The supply of land was fixed O The population would continue to increase
A. Investment in "infrastructure" represents spending on: O roads, bridges, canals, etc. O human capital (education) O government institutions O innovation to physical capital B. Which of the following was not one of Thomas Malthus' assumptions regarding population and economic growth? O Per-capita income would increase. O The economy was agriculturally based O The supply of land was fixed O The population would continue to increase
Chapter3: Scarcity, Trade-offs, And Production Possibilities
Section: Chapter Questions
Problem 11P
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A. Investment in "infrastructure" represents spending on:
O roads, bridges, canals, etc.
O human capital (education)
O government institutions
O innovation to physical capital
B. Which of the following was not one of Thomas Malthus' assumptions regarding population and
O Per-capita income would increase.
O The economy was agriculturally based
O The supply of land was fixed
O The population would continue to increase
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