Podcast
Questions and Answers
What is the effect of a rapid increase in population from 1730 onwards?
What is the effect of a rapid increase in population from 1730 onwards?
- Decrease in fertility
- Increase in income levels
- Constant income levels (correct)
- Decline of the marriage age
Which factor does the Solow Growth Model assume to be a constant share of income?
Which factor does the Solow Growth Model assume to be a constant share of income?
- Population
- Depreciation
- Capital stock
- Savings (correct)
What is the relationship between population increase and capital stock per capita in the short term according to the Solow Growth Model?
What is the relationship between population increase and capital stock per capita in the short term according to the Solow Growth Model?
- There is no relationship between population increase and capital stock per capita
- Increase in population has no effect on capital stock per capita
- Increase in population leads to a decrease in capital stock per capita (correct)
- Increase in population leads to an increase in capital stock per capita
What does the production function with CRS in the Solow Growth Model imply about the relationship between output and population?
What does the production function with CRS in the Solow Growth Model imply about the relationship between output and population?
What aspect must be overcome in order to escape the Malthusian trap, as mentioned in the text?
What aspect must be overcome in order to escape the Malthusian trap, as mentioned in the text?
What does the text suggest regarding the relationship between additional units of labor, capital, and their contribution to income?
What does the text suggest regarding the relationship between additional units of labor, capital, and their contribution to income?
What does a rightward shift of the curve in the income/population diagram represent in the Malthusian model?
What does a rightward shift of the curve in the income/population diagram represent in the Malthusian model?
During the Golden Age (1568-1648), what effect did the leap to a higher tech level have on the long-term equilibrium level of income per capita in the Netherlands?
During the Golden Age (1568-1648), what effect did the leap to a higher tech level have on the long-term equilibrium level of income per capita in the Netherlands?
What was the first step in England's escape from the Malthusian trap?
What was the first step in England's escape from the Malthusian trap?
What effect did the explosive increase in income per capita have as the second step in England's escape from the Malthusian trap?
What effect did the explosive increase in income per capita have as the second step in England's escape from the Malthusian trap?
What advantage did the Spanish have over the Incans during the Pizarro vs. Atahualpa encounter?
What advantage did the Spanish have over the Incans during the Pizarro vs. Atahualpa encounter?
What played a significant role in the decimation of the Incans by the Spanish?
What played a significant role in the decimation of the Incans by the Spanish?
According to Jared Diamond's argument, what caused the Europeans to have more complex societies with higher levels of technology?
According to Jared Diamond's argument, what caused the Europeans to have more complex societies with higher levels of technology?
What was the essential difference that allowed the Maori to overpower the Moriori?
What was the essential difference that allowed the Maori to overpower the Moriori?
What does Jared Diamond's 'natural experiment' between the Maori and Moriori demonstrate?
What does Jared Diamond's 'natural experiment' between the Maori and Moriori demonstrate?
According to Diamond, why is the availability of appropriate plants and animals crucial for the development of civilizations?
According to Diamond, why is the availability of appropriate plants and animals crucial for the development of civilizations?
What is the primary outcome of settling down after domesticating plants and animals?
What is the primary outcome of settling down after domesticating plants and animals?
