Examlex
Which one of the following is the least likely explanation for the decline in fertility that took place in western countries during Stage 2 of the demographic transition?
Price Up
An increase in the cost of goods or services in the market.
Shortages
A situation in which the demand for a product or service exceeds its supply in a market.
Demand
The desire and ability of consumers to purchase goods and services at given prices.
Quantity Demanded
The total amount of a good or service that consumers are willing and able to purchase at a given price within a specific time period.
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