sub= 24 help 1). What does the Malthusian model assumeI.I. about the relationship between income per capita and CBR (positively related,negatively related, or not related at all)?1.2. And between income per capita and CDR?1.3. And between population and income per capita?I.4. How can the relationship between population and income per capita beexplained in the context of an agrarian economy and the land/labor ratio?2) Imagine that society is characterized by the Malthusian logic depicted below.CBR10080402510CDR5002,0003,000 3,900 Income per capita (y)Population (N)1,000750400275TC15002,0003,000 3,900Income per capita (y)1If we start with a population of 1,000 people...2.1. What is the resulting income per capita?2.2. And the crude birth rate and the crude death rates that result from the previousincome per capita?2.3. Given your previous results, will the population remain at 1,000 (remember: weassume there is no migration, so all the population changes come from differencesbetween CBR and CDR)? If not, will it tend to go upwards or downwards? Why?2.4. What will be the final size of the population, income per capita, and crude birthand death rates at which the system will reach an equilibrium?3) Now, assume that the population is equal to 750. Imagine that technology improves and, as aresult, the technology constraint shifts from TCI to TC2 (see graphs below).CBR904015CDR2,0003,500Income per capita (y)Population (N) ↑1,250750350TC2TC12,0003,500Income per capita (y)23.1. How does income per capita change with the shift from TC1 to TC2 if, initially, thepopulation is at 750?3.2. What are the crude birth rates and the crude death rates that result from the income percapita that you found in 3.1.?3.3. What will happen to the population in the next period: will it stay at 750? If not, will it tendto go upwards or downwards? Why?3.4. What will be the size of the population, the income per capita, and the crude birth anddeath rates after the system reaches its new equilibrium?3.5. Compare the results in 3.4 with the numbers you got in 2.4.

Answered: Image /qna-images/answer/c7174f13-fc8d-444f-881b-9aed72037d40.jpg

1). What does the Malthusian model assume I.I. about the relationship between income per capita and CBR (positively related, negatively related, or not related at all)? 1.2. And between income per capita and CDR? 1.3. And between population and income per capita? 1.4. How can the relationship between population and income per capita be explained in the context of an agrarian economy and the land/labor ratio? 2) Imagine that society is characterized by the Malthusian logic depicted below. CBR 100 80 40 25 10 CDR 500 2,000 3,00 3,900 Income per capita (y) Population (N) 1,000 750 400

1). What does the Malthusian model assume I.I. about the relationship between income per capita and CBR (positively related, negatively related, or not related at all)? 1.2. And between income per capita and CDR? 1.3. And between population and income per capita? 1.4. How can the relationship between population and income per capita be explained in the context of an agrarian economy and the land/labor ratio? 2) Imagine that society is characterized by the Malthusian logic depicted below. CBR 100 80 40 25 10 CDR 500 2,000 3,00 3,900 Income per capita (y) Population (N) 1,000 750 400

Principles of Economics 2e

2nd Edition

ISBN:9781947172364

Author:Steven A. Greenlaw; David Shapiro

Publisher:Steven A. Greenlaw; David Shapiro

Chapter1: Welcome To Economics!

Section: Chapter Questions

Problem 26CTQ: Suppose, as an economist, you are asked to analyze an issue unlike anything you have ever done...

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