Scenario: In the fictional nation of Gallifrey, the subsistence level of income is $1,000 per year. Currently 3 million people live in Gallifrey, and GDP in Gallifrey is $2 billion.
-Refer to the scenario above.What does the Malthusian model suggest will happen in Gallifrey?

Question

Quizplus · Accepted Answer

The Malthusian model predicts that as population grows, the subsistence level of income will fall and eventually lead to a decrease in population through famine, disease, and war. In Gallifrey's case, if the subsistence level of income is fixed at $1,000 per year and the population grows, then it is likely that living standards will decline and a population decrease may result.

Scenario: in the Fictional Nation of Gallifrey, the Subsistence Level