According to Thomas Robert Malthus,the wage rate would be depressed to the subsistence level because of
A) the power of monopolies.
B) the desire of capitalists to exploit the working class.
C) the natural tendency of population to grow more rapidly than the production of food.
D) the long-run downward trend in investment.
E) pestilence,war,and faminE.
Correct Answer:
Verified
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