Which of the Following Factors Accounted for the Doubling of the European

question 46

Multiple Choice

Which of the following factors accounted for the doubling of the European population in the nineteenth century?

• A) Fewer epidemics
• B) Improvements in the health sciences
• C) Lack of widespread wars
• D) Better nutrition
• E) All of these.

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Definitions:

Disposable Income

The amount of money available for savings or expenditure after all taxes and social security fees have been deducted.

Induced Consumption

Consumption that changes in response to changes in income or wealth, as opposed to autonomous consumption, which does not change when income changes.

Disposable Income

The amount of money that households have available for spending and saving after income taxes have been deducted.

Average Propensity

The average tendency of an entity (such as a household) to spend a portion of income; can pertain to consumption or saving.