A Change in the Composition of the Population Will Generally

question 68

Multiple Choice

A change in the composition of the population will generally

• A)change demand only if there is a change in the size of the population
• B)change demand only if there is no change in the size of the population
• C)change demand even if there is no change in the size of the population
• D)have absolutely no effect on demand
• E)result in a movement along the demand curve

---

Definitions:

Interest Rates

The cost of borrowing money or the return for investing money, typically expressed as an annual percentage of the principal.

Present Values

The present value of an anticipated amount of money or series of cash flows, using a designated rate of return.

Revenues

The total income generated by a company or entity from its business activities, such as sales of goods or services.

Interest Rates

The cost of borrowing money or the return for investing money, usually expressed as a percentage.