Technological Progress in Malthusian Model

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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?

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?

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?

Output remains constant regardless of population changes Signup and view all the answers

What aspect must be overcome in order to escape the Malthusian trap, as mentioned in the text?

Positive feedback between real wages and fertility Signup and view all the answers

What does the text suggest regarding the relationship between additional units of labor, capital, and their contribution to income?

Each additional unit of labor or capital contributes less than the prior one Signup and view all the answers

What does a rightward shift of the curve in the income/population diagram represent in the Malthusian model?

A rise in income per capita given equal population size Signup and view all the answers

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?

It barely changed from before 1568 compared to after 1648 Signup and view all the answers

What was the first step in England's escape from the Malthusian trap?

Period of sustained population growth without decreasing incomes from ca. 1640 until 1800 Signup and view all the answers

What effect did the explosive increase in income per capita have as the second step in England's escape from the Malthusian trap?

It led to an explosive increase in income per capita Signup and view all the answers

What advantage did the Spanish have over the Incans during the Pizarro vs. Atahualpa encounter?

Access to steel weapons, swords, and guns Signup and view all the answers

What played a significant role in the decimation of the Incans by the Spanish?

Incas' lack of immunity to smallpox Signup and view all the answers

According to Jared Diamond's argument, what caused the Europeans to have more complex societies with higher levels of technology?

Geography and availability of domesticable animal and plant species Signup and view all the answers

What was the essential difference that allowed the Maori to overpower the Moriori?

Complex society with farming and hierarchy Signup and view all the answers

What does Jared Diamond's 'natural experiment' between the Maori and Moriori demonstrate?

The impact of geographical differences on genetically and culturally identical people Signup and view all the answers

According to Diamond, why is the availability of appropriate plants and animals crucial for the development of civilizations?

To provide clothing, textiles, and transportation means Signup and view all the answers

What is the primary outcome of settling down after domesticating plants and animals?

Evolution into more complex societies with rank distinctions Signup and view all the answers

Technological Progress in Malthusian Model

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