Multiple Choice
A pessimistic long-run Malthusian result is
A) higher labour supply does not increase total factor productivity.
B) improvements in technology does not improve standards of living.
C) population control does not increase total factor productivity.
D) increases in land use lowers standards of living.
E) increases in capital stock does not achieve the steady state.
Correct Answer:
Verified
Correct Answer:
Verified
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