The following figure is an index (base 1850) of average real wages of skilled wo

Question

The following figure is an index (base 1850) of average real wages of skilled workers in London between 1264 and 2001.

Based on this information, which of the following statements is correct?

A. Malthus was the only one able to explain the hockey-stick growth.

B. London was able to escape from the Malthusian trap by reducing its population growth rate.

C. The rapid rise in wages can be mainly attributed to redistribution policies.

D. The shape of the graph would be the same even if a different year was used as the base year.

A. Malthus was the only one able to explain the hockey-stick growth.

B. London was able to escape from the Malthusian trap by reducing its population growth rate.

C. The rapid rise in wages can be mainly attributed to redistribution policies.

D. The shape of the graph would be the same even if a different year was used as the base year.

Explanation / Answer

Based on this information given in the figure is an index (base 1850) of average real wages of skilled workers in London between 1264 and 2001. The correct statement is that London was able to escape from the Malthusian trap by reducing its population growth rate. So the correct option is B.

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