Which of the following is true?
A)Kremer argued that with greater population,society would generate more ideas so that growth of real GDP per person could continue.Malthus argued that increasing population would outstrip agricultural production.
B)Kremer argued that increases in population would reduce the amount of human and physical capital per worker so that eventually the standard of living would decline.Malthus argued that increases in technology would allow increased output growth so that even with population growth,society would enjoy a higher standard of living.
C)Malthus argued that with greater population,society would generate more ideas so that growth of real GDP per person could continue.Kremer argued that increasing population would outstrip agricultural production.
D)Malthus argued that increases in population would reduce the amount of human and physical capital per worker so that eventually the standard of living would decline.Kremer argued that increases in technology would allow increased output growth so that even with population growth,society would enjoy a higher standard of living.

Question

Quizplus · Accepted Answer

Kremer's argument is that a larger population results in more ideas that can lead to economic growth, while Malthus argued that population growth would eventually outstrip agricultural production, leading to a decline in living standards. This is the correct statement of their respective arguments.

Which of the Following Is True