Which of the following statements is not in agreement with the Malthusian view on economic growth?

Question:
 Which of the following statements is not in agreement with the Malthusian view on economic growth?

1.The process of economic growth is automatic

2.Deficiency in effective demand halts the growth process

3.Lasting equilibrium can only be at the subsistence level

4.Savings are desirable only upto the limit set by the existence of profitable opportunities for investment

Posted Date:-2021-08-16 08:11:52


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