Should Fertility Remain at Very Low Subreplacement Levels,countries Like Japan

question 33

Multiple Choice

Should fertility remain at very low subreplacement levels,countries like Japan face which of the following prospects at some point in the future?

• A)the prospect of rapid population aging
• B)the prospect of rapid population decline
• C)the prospect of rapid population aging and the prospect of rapid population decline
• D)the prospect of rapid population aging and the prospect of steady population decline

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Definitions:

Marginal Benefits

The additional benefits or advantages gained from an increase in an activity or the consumption of a good or service.

Flood-Control Projects

Initiatives and constructions undertaken to manage and prevent flooding in vulnerable areas, typically involving barriers, dams, and water diversion systems.

Spillovers

Refers to the impact that an economic activity has on unrelated third parties, which can be either positive or negative.

Marginal Cost

The financial outlay required to produce one more unit of a product or service.