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Most significantly for the international manager,the balance of payments reveals
Reverend Thomas Malthus
An 18th-century economist known for his theory on population growth, suggesting that population increases geometrically, whereas food supply increases arithmetically, leading to inevitable shortages.
Population Growth
The increase in the number of individuals in a population, commonly expressed as an annual percentage.
Dismal Science
A nickname for economics, stemming from its predictions and analyses that often focus on the limitations and constraints of economic activities.
Average Workweek
The standard number of hours worked in a week by employees in a particular sector, industry, or economy.
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