In the Malthusian model, when z increases, initially consumption

Name: In the Malthusian model, when z increases, initially consumption
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In the Malthusian model, an increase in z (technological progress) initially increases productivity but also increases population growth. As population growth exceeds the increase in productivity, the economy returns to its original steady state consumption level. Therefore, consumption initially increases but eventually falls back to its steady state level.

In the Malthusian Model, When Z Increases, Initially Consumption