Suppose That a Country's Population Pyramid Is Truly Pyramid Shaped

question 3

Multiple Choice

Suppose that a country's population pyramid is truly pyramid shaped, with a wide band at the bottom and a much narrower band at the top. What is the best description of the population of this country?

• A) There are many more women than men in the country.
• B) There are many more very young people than very old people in the country.
• C) The country's total fertility rate is probably about 1.5.
• D) The country is experiencing a low rate of migration.

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Definitions:

Secondary Labor Market

Employment sectors characterized by low pay, insecure job tenure, and poor working conditions.

Wage Rate

The fixed amount of compensation or payment a worker receives from the employer in exchange for labor or services, typically expressed per hour or year.

Productive Demand

The demand for goods and services that are needed to produce other goods and services.

Average Real Hourly Earnings

The inflation-adjusted earnings of workers per hour, reflecting their purchasing power over time.