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The Malthusian Theory

Question 73

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The Malthusian theory


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

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