Which of the Following Statements Is TRUE About the Relationship

question 141

Multiple Choice

Which of the following statements is TRUE about the relationship between high birthrates and real GDP growth?

• A) High birthrates in countries with little economic freedom will lead to higher labor force participation rates that in turn lead to higher growth of real GDP.
• B) High birthrates reduce per capita incomes, and a lack of economic freedom inhibits real GDP growth.
• C) There is no relationship between birthrates and real GDP growth.
• D) The influence that birthrates have on real GDP growth is the same in countries whether or not economic freedom exits.

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Definitions:

Contract

An agreement between two or more parties that is binding by law and comes with mutual responsibilities.

Courts

are judicial institutions with the authority to adjudicate legal disputes between parties and carry out the administration of justice in civil, criminal, and administrative matters.

Covenant Not To Compete

An agreement, often in an employment contract, where one party agrees not to enter into or start a similar profession or trade in competition against another party.

Employment

A formal relationship between an employer and an employee where the employee performs work under certain conditions in exchange for remuneration.