Question

resource development is
the study of how society chooses to employ resources t produce goods and
services and distribute them for consumption among co peting groups.
the study of how to increase the amount of available res rces and create
conditions that will make better use of these resources.
the part of economics that looks at the operation of a nat ns economy as a
whole.
the part of economics that looks at particular markets.
question 20 (1 point)
economist thomas malthus believed that __________ would limit economic progress.
depletion of gold reserves
overpopulation
high tax rates
widespread poverty
question 21 (1 point)
which topic would be emphasized in a microeconomics class?
how a nations gdp is computed
the nations unemployment rate
how market conditions determine the price of a specific product
how the government can provide adequate health care

Explanation:

• Question 20: Thomas Malthus, in his work An Essay on the Principle of Population, argued that population growth (overpopulation) would outpace the growth of resources (like food), limiting economic progress. He didn't focus on gold reserves, high - tax rates, or poverty as the main limiters in the same way as overpopulation.
• Question 21: Microeconomics focuses on individual economic units such as firms and consumers. "How market conditions determine the price of a specific product" is about a particular market (a micro - level analysis). Computing a nation's GDP, the nation's unemployment rate, and government - provided health care are macroeconomic topics (related to the whole economy).

Answer:

• Question 20: overpopulation
• Question 21: how market conditions determine the price of a specific product