Which of the Following Is a True Statement About the Global

question 20

Multiple Choice

Which of the following is a true statement about the global human population size?

• A) It is no longer increasing
• B) It is predicted to increase exponentially far into the future
• C) It is currently decreasing slowly
• D) It is predicted to stop growing in the next 100 years

---

Definitions:

Bowed Inward

A description often used in economics to illustrate a production possibility frontier that indicates increasing opportunity costs for producing goods.

Budget Constraint

The limit on the consumption bundles that a consumer can afford to purchase based on their income and the prices of goods and services.

Goods X

A placeholder term typically used in economic models to represent a generic good or product.

Marginal Rate

This refers to the rate at which one variable changes with respect to a change in another variable, commonly used in economics and finance to describe rates of substitution and transformation.