A Malthusian equilibrium, or an economy envisioned by Thomas Malthus, is more consistent with the world economy during which period(s)? Pre-Industrial Revolution Post-Industrial Revolution Both of the above None of the above

A Malthusian equilibrium, or an economy envisioned by Thomas Malthus, is more consistent with the world economy during which period(s)? Pre-Industrial Revolution Post-Industrial Revolution Both of the above None of the above

Exploring Economics

8th Edition

ISBN:9781544336329

Author:Robert L. Sexton

Publisher:Robert L. Sexton

Chapter1: The Role And Method Of Economics

Section: Chapter Questions

Problem 9P

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Comparative Advantage and Absolute Advantage Analysis

The theory of absolute advantage was given by Adam Smith in the year 1776.

Question

A Malthusian equilibrium, or an economy
envisioned by Thomas Malthus, is more
consistent with the world economy during
which period(s)?
Pre-Industrial Revolution
Post-Industrial Revolution
Both of the above
None of the above

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