Define subsistence level. What happens if the income in an economy exc

Define subsistence level. What happens if the income in an economy exceeds the subsistence level in Malthus cycle?

What will be an ideal response?

ANSWER

The subsistence level is the minimum level of income per person that is generally necessary for the individual to obtain enough calories, clothing, and shelter to survive.
If the income in an economy exceeds the subsistence level, the fertility in the economy increases, which in turn increases the size of population of the economy.