Suppose a Country’s Population Is Aging and the Size of the Workforce

question 16

Multiple Choice

Suppose a country’s population is aging and the size of the workforce is declining. In the long run,
output will ________ and the price level will ________.

• A) decrease; increase
• B) remain unchanged; decrease
• C) decrease; decrease
• D) decrease; remain unchanged
• E) increase; decrease

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Definitions:

Tend And Befriend

A theory suggesting that in response to stress, humans are predisposed to seek social affiliation and support, particularly observed in women.

Self-Esteem

The subjective evaluation of one’s own value and worth as an individual.

Agricultural Societies

Communities whose economy and way of life are primarily centered around the cultivation of crops and farming.

Cultural Influence

The impact that a society's values, beliefs, and practices have on individuals' behaviors, attitudes, and perspectives.