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Which of the following assumptions is NOT associated with the notion of the Malthusian trap? Question 2 options: The distribution of income is always unequal.
Which of the following assumptions is NOT associated with the notion of the Malthusian trap?
Question options:
The distribution of income is always unequal.
There are no technological improvements which lead to a sustained increase in the average product of labor.
Population rises in response to an increase in real wages.
Average product of labor must be diminishing.
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