The Malthusian Theory

question 6

Multiple Choice

The Malthusian theory

• A) is also called the classical growth theory and predicts that we will run out of resources.
• B) is also called the neoclassical growth theory.
• C) predicts that the real wage will continue to increase as long as technology increases.
• D) claims that the subsistence wage will increase over time.
• E) shows that the production function will shift upward continuously.

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