According to the Malthusian growth model, The industrial revolution will increase output and population at the same rate
Posted: Sat Mar 19, 2022 5:50 pm
According to the Malthusian growth model, The industrial revolution will increase output and population at the same rate. A technological innovation will lead to a long-run increase in total economic output. O No technological innovation is possible. 0 A technological innovation will lead to a long-run increase in output per capita.