Which of the Following Is True About Trends in Worldwide

question 49

Multiple Choice

Which of the following is true about trends in worldwide population growth?

• A) Birthrates are on the rise in developed countries.
• B) Overall, the world population growth is declining.
• C) Birthrates are on the rise in developing countries.
• D) Death rates are rising in developing countries.
• E) Population growth is highest in developing countries.

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Definitions:

Absolute Advantage

The capability of a country or individual to produce more of a good or service with the same amount of resources as competitors.

Opportunity Cost

The price paid for not selecting the next most favorable opportunity when deciding.

Production Possibilities Frontier

A curve that depicts all maximum output possibilities for two or more goods given a set of inputs (resources, labor, etc.), assuming all are used efficiently.

Labor Force

The total number of people employed and unemployed, actively seeking employment in an economy.