Which Statement Identifies the Most Significant Contributing Factor for the Projected

question 196

Multiple Choice

Which statement identifies the most significant contributing factor for the projected increase in population in the United States between now and 2050?

• A)The United States allows more legal immigration than other developed countries do.
• B)The overall fertility rate among Americans is expected to increase significantly.
• C)Improved technology will allow more infertile couples to give birth using in vitro fertilization techniques.
• D)Minorities will experience an exponential increase in fertility rates.

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Definitions:

Consumer Surplus

The gap between the total monetary amount consumers are willing to allocate for a product or service and the amount they ultimately allocate.

Willingness to Pay

The highest price a person is willing to pay for a product or service, indicating how much they value it.

Consumer Surplus

The deviation between the cumulative amount consumers are inclined to spend on a good or service and the amount they really spend.

Demand Curve

A graph showing the relationship between the price of a good or service and the quantity of that good or service consumers are willing and able to purchase, typically downward sloping.