The Second Stage of the Demographic Transition Is Marked by

question 34

Multiple Choice

The second stage of the demographic transition is marked by

• A)high birth rates,and high but fluctuating death rates.
• B)high birth rates,and low and stable death rates.
• C)declining birth rates,and continuing high death rates.
• D)high birth rates,and declining death rates.

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Definitions:

Actual Labor-Hours

Actual labor-hours represent the real number of labor hours worked by employees, as opposed to planned or estimated hours, often used in productivity and costing analyses.

Direct Material Standards

The anticipated cost and quantity of materials required for the production of goods or services.

Actual Cost

Actual cost refers to the exact amount of expenses incurred for producing a product or performing a service, contrasted with estimated or budgeted costs.

Standard Cost System

An accounting system that uses predetermined costs for product costing and decision making, facilitating budgeting and variance analysis.