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4) Answer True or False, and then explain briefly. The key part of the answer is the explanation. You may include diagrams and make any
4) Answer True or False, and then explain briefly. The key part of the answer is the
explanation. You may include diagrams and make any reasonable assumptions you feel are
necessary.
c) Suppose a TV campaign convinces people they wish to have more children. The Solow
model and the Malthusian model generate opposite predictions regarding the effect this
will have on the country's level of per capita output.
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