Question

Line A 1965 1970 1975 1995 2000 2005 2010 1980 1985 1990 32. Refer to Figure 33-1. Line A is a. investment spending. b. unemployment rate. c. real GDP. arlgin d. CPI. 33. The value of money falls as the price level a. falls, because the number of dollars needed to buy a representative basket of goods rises. b. rises, because the number of dollars needed to buy a representative basket of goods falls. c. falls, because the number of dollars needed to buy a representative basket of goods falls. d. rises, because the number of dollars needed to buy a representative basket of goods rises. 34. Malthus predicted that the power of population a. was less than the power of the earth to produce subsistence. His forecast was off the mark. b. was greater than the power of the earth to produce subsistence. His forecast was on the mark. c. was greater than the power of the earth to produce subsistence. His forecast was off the mark d. was less than the power of the earth to produce subsistence. His forecast was on the mark. Convrioht Cengage ( earming

Answer 1

32. Option D

Explanation: CPI shows an upward trend over time.

33. Option D

Explanation: When price level rises, the value of money falls as we need more money to buy a certain amount of goods.

34. Option C

Explanation: Malthus made the prediction that population would grow faster than food production and there will be a huge problem of survival.