In the Demographic Transition Model Which of the Following Statements

question 61

Multiple Choice

In the Demographic Transition Model which of the following statements is TRUE?

• A)Stage 2 has a low RNI
• B)Stage 3 has a lower birth rate than death rate
• C)Stage 1 has a low birth rate but a high death rate
• D)Stages 1 and 4 both have low death rates
• E)Stage 4 has a low RNI

---

Definitions:

Quota Rent

Extra income earned by producers who benefit from an import quota, as it raises the market price of their goods.

Demand Price

The price at which consumers are willing to buy a specific quantity of a good or service at a given time.

Supply Price

The minimum price at which a producer is willing to sell a particular quantity of a good or service.

Price Ceiling

A legal maximum price that can be charged for a good or service.