What Is the Key Difference Between Thomas Malthus and Michael

question 27

Multiple Choice

What is the key difference between Thomas Malthus and Michael Kremer's theories about population growth?

• A) Kremer argued that with greater population, society would generate more ideas so that growth of real GDP per person could continue. Malthus argued that increasing population would outstrip agricultural production and economies will eventually decline irreversibly.
• B) Kremer argued that increases in population would reduce the amount of human and physical capital per worker so that eventually the standard of living would decline. Malthus argued that increases in technology would allow increased output growth so that even with population growth, society would enjoy a higher standard of living.
• C) Malthus argued that with greater population, society would generate more ideas so that growth of real GDP per person could continue. Kremer argued that increasing population would outstrip agricultural production and economies will eventually decline irreversibly.
• D) Malthus argued that increases in population would reduce the amount of human and physical capital per worker so that eventually the standard of living would decline. Kremer argued that increases in technology would allow increased output growth so that even with population growth, society would enjoy a higher standard of living.

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Definitions:

Tenancy At Sufferance

The leasehold interest that occurs when a tenant remains in possession of property after the expiration of a lease.

Holds Over

A term describing a tenant who remains in possession of leased property after the expiration of the lease term without the landlord's consent.

Tenancy for Years

A leasehold interest in property for a fixed period that is greater than one year.

Month-to-Month Tenancy

A type of rental agreement that does not have a set end date but continues on a monthly basis until either party decides to terminate it.