The Malthusian Theory

Multiple Choice

The Malthusian theory

A) is also called the classical growth theory and predicts that we will run out of resources.
B) is also called the neoclassical growth theory.
C) predicts that the real wage will continue to increase as long as technology increases.
D) claims that the subsistence wage will increase over time.
E) shows that the production function will shift upward continuously.