When Parents, on Average, Have Just the Number of Children

question 52

True/False

When parents, on average, have just the number of children required to replace themselves, the natural increase of their population is at replacement level fertility (RLF).

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Definitions:

Operating Cash Flow

A measure of the cash generated by a company's normal business operations.

DOL

Degree of Operating Leverage, a ratio that measures how a company's operating income changes with a change in sales, indicating the effects of fixed costs on profits.

Accounting Break-Even

The point at which total revenues equal total expenses, and the business does not make a profit or loss.

Depreciation

A financial approach that spreads the price of a tangible asset over the period it is expected to benefit the company.