Mcqs Clouds

Which of the following statements is not correct in the light of the Malthusian theory of growth?

A. Growth of income cannot take place on its own

B. Population tends to increase in response to rise in income

C. There can be no general glut or overproduction in the market

D. Excess savings on the part of capitalists is the cause of overproduction

Related Questions on CSS Economics Solved Mcqs