Which Statement About Economic Development and Fertility Rates Is the Most

question 40

Multiple Choice

Which statement about economic development and fertility rates is the most accurate?

• A) Rapid population growth and high birthrates lead to rapid economic development.
• B) The populations of the poorest countries are not growing nearly as fast as the populations of the richest countries.
• C) A s countries develop, their fertility levels generally decrease, and their population growth levels off.
• D) Many of the poorest countries, including most of the countries of sub-Saharan Africa, are actually experiencing population declines.

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Definitions:

Value of Marginal Product

The increment in revenue a firm realizes from employing one additional unit of input, holding all other factors constant.

Output

The quantity of goods or services produced by a company, sector, or economy.

Diminishing Marginal Product

A principle stating that as additional units of a variable input are added to a fixed input, the marginal product of the variable input eventually decreases.

Production Function

Describes the relationship between inputs used in production and the resulting output.