Which of the following is INCORRECT regarding the reasons why we continue to study the Malthusian trap, even though evidence shows that it is not currently relevant? (a)Because many people still believe it holds in poor countries today, and the model should be understood to motivate effective debate. (b)Because the model focuses on the microeconomics of family size decision making in which individual levels of living become the principal determinant of a family’s decision to have more or fewer children. (c)Because such traps have occurred in the past and may have been factors in population collapses. (d)The fact that this model no longer applies underlines the importance of factors that can prevent its emergence.

Which of the following is INCORRECT regarding the reasons why we continue to study the Malthusian trap, even though evidence shows that it is not currently relevant? (a)Because many people still believe it holds in poor countries today, and the model should be understood to motivate effective debate. (b)Because the model focuses on the microeconomics of family size decision making in which individual levels of living become the principal determinant of a family’s decision to have more or fewer children. (c)Because such traps have occurred in the past and may have been factors in population collapses. (d)The fact that this model no longer applies underlines the importance of factors that can prevent its emergence.

MACROECONOMICS FOR TODAY

10th Edition

ISBN:9781337613057

Author:Tucker

Publisher:Tucker

Chapter1: Introducing The Economic Way Of Thinking

Section: Chapter Questions

Problem 18SQ

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