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(b) The following graph, reproduced from the lectures, shows how birth rate and death rate may be related to per capita income in a less

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(b) The following graph, reproduced from the lectures, shows how birth rate and death rate may be related to per capita income in a less developed country. Is this a Malthusian model or a neo-Malthusian model? Is there a steady state? Is there a population trap? Explain. Birth Rate, Death Death Rate Rate Birth Rate Per X Y Z capita Income (c) If the labels on the two linear negatively sloped lines reverse, would it make difference? Again, would there be a steady state and a population trap? Explain

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