Which of the Following Is NOT a Likely Explanation for the High

question 7

Multiple Choice

Which of the following is NOT a likely explanation for the high fertility that existed for most of human history?

• A) Need to overcome high mortality
• B) Children are a source of security and labor for their parents
• C) The desire for sons
• D) Religious objections to the use of contraception

---

Definitions:

Bond Price

The amount of money for which a bond is bought or sold in the market, influenced by interest rates, credit quality, and maturity period.

YTM

Yield to Maturity (YTM) is the total return anticipated on a bond if the bond is held until its maturity date, accounting for its current market price, interest payments, and time value.

AAA Credit Rating

The highest credit rating assigned to a borrower's debt instruments by credit rating agencies, indicating an extremely low risk of default.

A Credit Rating

This is an evaluation of the credit risk of a prospective debtor, predicting their ability to pay back the debt and an implicit forecast of the likelihood of the debtor defaulting.