A Pessimistic Long Run Malthusian Result Is

question 18

Multiple Choice

A pessimistic long run Malthusian result is

• A) increases in land use lowers standards of living.
• B) higher labour supply does not increase total factor productivity.
• C) increases in capital stock does not achieve the steady state.
• D) improvements in technology does not improve standards of living.
• E) population control does not increase total factor productivity.

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Definitions:

Factor Of Production

A resource used in the production process to generate goods and services, such as labor, land, and capital.

Output

The aggregate output of goods or services from a firm, industry, or the economy as a whole.

Academic Probation

A warning status given to students whose academic performance falls below an institution's requirement.

Managerial Decision

A choice made by managers that determines the direction or action taken by an organization on various issues.