Answer: Classical model

## Explanation **Classical model (Option A)** assumes that technological progress translates into higher population growth. **Key characteristics of each model:** - **Classical Model (Option A):** - Developed by Thomas Malthus and others - Assumes technological progress leads to higher population growth rather than higher per capita income - Believes population growth will eventually outpace food production, leading to subsistence-level living standards - Known as the "Malthusian trap" - **Neoclassical Model (Option B):** - Developed by Robert Solow - Assumes technological progress is exogenous (external to the model) - Focuses on capital accumulation and diminishing returns - Technological progress leads to higher per capita income, not necessarily population growth - **Endogenous Growth Model (Option C):** - Developed by Paul Romer and others - Assumes technological progress is endogenous (internal to the model) - Emphasizes human capital, innovation, and knowledge spillovers - Technological progress leads to sustained economic growth without necessarily affecting population growth The classical model is unique in its assumption that technological improvements primarily lead to population increases rather than improved living standards.

Author: LeetQuiz Editorial Team