The Demographic Transition View of Population Growth Argues That, on Average

question 44

Multiple Choice

The demographic transition view of population growth argues that, on average (and as perceived by parents) , the marginal

• A) benefits of extra children are larger in IACs than in DVCs.
• B) costs of extra children are lower in IACs than in DVCs.
• C) costs of extra children are larger in IACs than in DVCs.
• D) benefits of extra children are the same in DVCs and IACs.

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Definitions:

Interest Rate

The percent of principal charged by the lender for the use of its money or the rate earned on deposits.

Loanable Funds

The funds available for borrowing in the financial markets, derived from the savings of individuals and institutions.

Price Floor

A price floor set by a government or an organization, establishing the minimum price that can be charged for a good, service, or resource.

Price Ceiling

A cap set by authorities on the maximum price that can be asked for a good or service.