In the Malthusian model, the long-run standard of living is determined entirely by the function g(c), which describes how

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In the Malthusian model, the long-run standard of living is determined by the relationship between consumption per worker and population growth. When consumption per worker increases, it leads to higher population growth until the increased population brings consumption per worker back down to the subsistence level.

In the Malthusian Model, the Long-Run Standard of Living Is