Questions
Questions

ECO102H1 S LEC0101 Week 4 Quiz - Economic Growth

Single choice

Suppose a nation starts at point A on the following graph. According to Thomas Malthus, a rise in population would move the nation from point A to a point such as:

Options
A.B
B.C
C.A
D.D
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Step-by-Step Analysis
To tackle this question, first visualize what the graph conveys about Output versus Workers and the two curves shown. Option A represents the starting point A itself on the lower/less productive curve. If population rises purely due to more people existing, the economy does not magically become more productive per worker; rather, with the same technology and resources, output per worker tends to fall as more workers share the same fixed ......Login to view full explanation

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