Thomas Malthus's Model Made the Mistake of Failing to Consider

question 129

Multiple Choice

Thomas Malthus's model made the mistake of failing to consider:

• A) technological progress.
• B) inflation.
• C) comparative advantage.
• D) scarcity.

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Definitions:

Cost Effectiveness

An assessment criterion to determine the best (lowest) cost option for achieving a specific set of results, often used in financial and budget planning.