able equliirams level of per capi to subsistence requirements Only 2 small economy's ine tock fea toa owt dela ing percapa nan, hse ot groving, Thy ae‘cght la wll elisha Bupa of ts poper lo press sory of te at Heyl equ wp, ‘The models eee fran Nh analye the prblens of tapan en ode ike putas of which are to 1 eb aaron ray ‘Aiea the conept ef lowevel augea i ieee is hoped tts pope doe mre tic topes te 2 Honig of econo ins coupeatel nance Toi ccoe th asumpin are elite dl prove at fr so the eect of various poles sod carn pfls ha oe sa Aly obvious ee bought to ight The med shows it es Acton tcniques a0‘ot Improved and vente he shore rah invent program, the np tay al be esaped i hc pola coveoanes favorable: 1. Assumptions od Deritons ‘Taee spuctons comprise the model: (1) an equfon else bangs incon, (2) an eguto explsang the quay of tal fermion, and (3) an eqetonespliingpopaion Cen SW ts oar ery Le ee, “A They 3 big wiles Hare Lats bck, om pli Bs odd sel tie Frost ce tS uy obec Treat s fonction of two + se produced in ex goods sn ate rd pote capital ce clone gare ecme eel mosey eal ef produced cp oso ier podot Ylued 1 Baviroment, The sumtin {ne well Se Se 5 se reverse fs Sl ae ies are stagnant, where Zp et seconalting, lel gy is encouraged by 6 id incl at of eng esura, cbr by Cer i ie pat or by sof bate erate ectngus vas ester asa oa fea Inputs Eemomies eng ia te aye san a ne elena by coder Se that ext i ata prolicog be maou of cup mascast in pate tate) The sharp break structure, and given medial tech toward greater eq the second world war hes enabled a sharp ext Ia the de: Sutiion and botsing standards have fallen sharply fa reas, If the death rte is viewed as a function of ‘then improved medical technique ehould be viewed ay shift tanto the eft, Tine sseaplns ae tbe bal of the tap nol ‘del is dsigued to examine the short run. Any cube change Ia per capita tncame certainly generates x the social plitical atraciue changes the functions HL The Low-Level Bauilibrison Trop ‘es espn ipl can shapes of he ¥/7 ad 8/2 ces tloted agatha Y/P ses Gen esa ee «by the leval of per capita (5), Hf 82K and PP erned by ¥/2. ? dbp the rate ot oh, and d/¥, 585 a fracioa ef incom inerease, As per eapita Income further , dP/P becomes 2 cota, and savage asa perentage of aches a constant; hence the d¥/Y cutve fatten cut As par capita income rises sll higher, he d¥/¥ curve may Cura Mi te on is Uinetr homogeneous, the greater the ouputenptal rai, Cu, propel te of M6) * (4S/V), wilted to fall pet (IK) * (651M), alles pet stowth of capital, dk ‘capita Income increases, Since AP/P is a constant, €¥/¥. ‘alls 1 the rate of geomth of income exceods dhe rate of growth of populas ist = AK /Y 4 e/P P/Sac ety QUT and L/P apna wt ” a aes