chapter_6_review-2

C the size of government d the labour force e

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Unformatted text preview: ssimistic because he did not foresee the effects of A) ever increasing amounts of land for cultivation. B) improved nutrition and health care. C) improved family planning practices. D) increases in the capital stock and the effects of such increases on production. E) increase productivity of land. 46) 47) The Malthusian model performs poorly in explaining economic growth after the A) French Revolution. B) Bio- technology Revolution. C) Industrial Revolution. D) American Revolution. E) Second World War. 47) 48) One plausible explanation of Canadian productivity slowdown starting in 1973 is that it is a measurement problem. This explanation would require that production of A) goods is underestimated. B) services is underestimated. C) services is overestimated. D) goods is overestimated. E) goods and services were overestimated. 48) 49) Recent evidence suggests that output per worker is A) positively related to both the rate of investment and to the rate of population growth. B) negatively related to both the rate of investment and to the rate of population growth. C) negatively related to the rate of investment and not related at all to the rate of population growth. D) positively related to the rate of investment and negatively related to the rate of population growth. E) negatively related to the rate of investment and positively related to the rate of population growth. 49) 50) In the Malthusian model, population growth depends on A) total factor productivity. B) consumption per worker. C) labour supply. D) income per worker. E) level of nutrition. 50) 8 51) In the Malthusian model, state - mandated population control policies are likely to A) decrease the equilibrium size of the population and increase the equilibrium level of consumption per worker. B) have no effect on the either equilibrium size of the population and the equilibrium level of consumption per worker. C) have no effect on the equilibrium size of the population or the equilibrium level of consumption per worker. D) have no effect on the equilibrium size of the population and increase the equilibrium level of consumption per worker. E) decrease the equilibrium size of the population and have no effect on the equilibrium level of consumption per worker. 51) 52) The high growth rate in aggregate output in Canada during 1991 - 2004 was due to A) the higher prices of energy. B) strong growth in the service sector. C) an increase in the labour force. D) an increase in total factor productivity growth. E) an increase in the capital stock. 52) 9...
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This document was uploaded on 12/11/2013.

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