__________ Penned an Essay Stating That Populations Have the Capability

question 51

Multiple Choice

__________ penned an essay stating that populations have the capability to outgrow their food supply resulting in disease, famine, and competition.

• A) Erasmus Darwin
• B) Aristotle
• C) Thomas Malthus
• D) Lamarck
• E) Charles Darwin

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Definitions:

Saving

The portion of income not spent on consumption or taxes, typically put aside for future use or investment.

APC

The acronym for Average Propensity to Consume, which measures the fraction of income that households spend on goods and services rather than saving.

Disposable Income

The cash pile households can utilize for their spending and savings needs after income taxes are handled.

MPC

Marginal Propensity to Consume, which represents the ratio of change in consumer spending to a change in household income.