The Difference Between the Malthusians and the Neo-Malthusians Is That

question 16

Multiple Choice

The difference between the Malthusians and the Neo-Malthusians is that

• A) The Neo-Malthusians believe in evolution.
• B) The Neo-Malthusians substituted birth control for moral restraint.
• C) The Neo-Malthusians were happier people than the Malthusians.
• D) The Neo-Malthusians did not believe in God as did Reverend Thomas Malthus.

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Definitions:

Duration

A measure of the sensitivity of the price of a bond or other debt instrument to a change in interest rates, expressed in years.

Today's Dollars

An amount of money adjusted for inflation to reflect current purchasing power, often used to compare money values at different times.

Investment

The allocation of resources, such as capital or time, in anticipation of generating income or profit.

Modified Duration

A measure of the sensitivity of a bond's price to a change in interest rates, adjusting for the fact that the bond's cash flows change as yields change.