Multiple Choice
In the Malthusian model, the steady state effects of an increase in z are to
A) decrease the quantity of land per worker, increase the population, and leave consumption per worker unchanged.
B) increase the quantity of land per worker, increase the population, and leave consumption per worker unchanged.
C) decrease the quantity of land per worker, increase the population, and increase consumption per worker.
D) decrease the quantity of land per worker, decrease the population, and leave consumption per worker unchanged.
E) shift the production function upwards, but leave the steady state unchanged.
Correct Answer:

Verified
Correct Answer:
Verified
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