Which of the Following Would Most Worry Thomas Malthus

question 72

Multiple Choice

Which of the following would most worry Thomas Malthus?

• A) an aggressive U.S. foreign policy
• B) new diseases for which antibiotics are ineffective
• C) the U.S. government refusing to fund international agencies that provide family planning services
• D) child labor laws

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Definitions:

Price Floor

A price floor is a government-imposed limit on how low a price can be charged for a commodity, typically implemented to protect producers' income.

Quantity Supplied

The amount of a good or service that producers are willing and able to sell at a given price over a specific time period.

Quantity Demanded

The specific amount of a good or service that consumers are willing to buy at a given price.

Quota Rent

A financial benefit obtained by importers who receive a license under a quota system which limits the quantity of goods that can be imported.