Which of the following statements is true of Malthus’s theory?
A) Malthus suggested that fertility level of the population will remain constant over time.
B) Malthus suggested that the life expectancy of the population will remain constant over time.
C) Malthus suggested that in the long run, income levels will grow exponentially.
D) Malthus suggested that in the long run, income levels will stay at subsistence.
ANSWER
D
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