Question

which economist gave the concept of population related money lending rate?​

Answer 1

Answer:

Thomas Malthus was an 18th-century British philosopher and economist noted for the Malthusian growth model, an exponential formula used to project population growth.

Answer 2

Answer:

The correct answer to this question is a British philosopher and economist Thomas Malthus in the eighteenth century gave the concept of population-related money lending rate.

Explanation:

Given - The concept of population-related money lending rate.

To Find - Which economist gave the concept of population-related money lending rate?

The Malthusian growth model, an exponential formula used to predict population growth, was developed by British philosopher and economist Thomas Malthus in the eighteenth century.

According to the hypothesis, if the population continues to rise, the food supply would be unable to keep up, which will lead to calamities like famine, disease, and war.

Malthus established the Statistical Society of London and was a well-known statistician and political economist.

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