Quiz2 - Quiz #2 1. The three principal inputs in the...

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Quiz #2 1. The three principal inputs in the production process are a) land, natural resources, and capital b) money, labor, and technology c) physical capital, human capital, and financial capital d) capital, labor, and total factor productivity e) technology, total factor productivity, and innovation Answer: d 2. In 1798 Malthus predicted a) that populations would migrate to countries with the most productive land b) that by the year 2000, world population would be 6 billion people c) most of the demographic trends currently taking place in Europe d) that the limited natural resources will constrain the population size e) that better technology would provide the population with more leisure time Answer: d 3. The most sustainable engine of growth is: a. capital b. labor c. Total factor productivity Answer: c 4. Which of the following gained the most from technological advances in the 1950- 1990 period? a)
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Quiz2 - Quiz #2 1. The three principal inputs in the...

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