All of the Following Are Consequences of Overpopulation except

question 88

Multiple Choice

All of the following are consequences of overpopulation except

• A) food shortages.
• B) decreased levels of carbon dioxide.
• C) water shortages.
• D) decreased reserves of oil.

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Definitions:

Recessions

Episodes of brief economic downturn where business and manufacturing activities decline, usually signaled by a decrease in the GDP for two back-to-back quarters.

Aggregate Demand

Collective appetite for goods and services in an economic system, pegged at a particular comprehensive price level for a fixed time frame.

Short-Run Aggregate Supply

The total output of goods and services that firms in an economy are willing to produce at different price levels in the short term, holding some input prices fixed.

Classical Theory

An economic theory that emphasizes the ideas that free markets can regulate themselves through the laws of supply and demand, positing minimal government intervention.