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Which of the following statements is TRUE of Malthus's theory?
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Which of the following statements is TRUE of Malthus's theory?
Which of the following statements is TRUE of Malthus's theory?
▸ Malthus suggested that the life expectancy of the population will remain constant over time.
▸ Malthus suggested that the fertility of the population will remain constant over time.
▸ Malthus suggested that income levels will remain close to the subsistence level in the long run.
▸ Malthus suggested that income levels will grow exponentially in the long run.
Textbook
Macroeconomics
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3
rd
Authors:
Acemoglu, Laibson, List
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Malthus suggested that income levels will remain close to the subsistence level in the long run.
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karamvir19
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You make an excellent tutor!
aznzergs
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Good timing,
thanks!
bbbbbbbh
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Thank you, thank you, thank you!
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