Demographers Predict That the Worldwide Total Fertility Rate Will Decline

question 303

Multiple Choice

Demographers predict that the worldwide total fertility rate will decline to one birth per woman per lifetime. If this happens, then

• A)each generation will be one-fourth as large as the previous one.
• B)each generation will be half as large as the previous one.
• C)each generation will be as large as the previous one.
• D)each generation will be one-half larger than the previous.

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Definitions:

System 2

refers to a theory of decision-making proposed by Daniel Kahneman that emphasizes slow, deliberate, and analytical reasoning.

Availability Heuristic

A mental shortcut that relies on immediate examples that come to a person's mind, affecting the perception of the frequency or likelihood of events.

Heuristics

Mental shortcuts or rules of thumb that simplify decision-making processes, though they may sometimes lead to biases or inaccuracies.

Planning Fallacy

The tendency for individuals or organizations to underestimate the time, costs, and risks of future actions and overestimate the benefits.