Which of the Following Is Correct

question 43

Multiple Choice

Which of the following is correct?

• A)If developing countries limit career and educational opportunities for women,birth rates are likely to be lower.
• B)Growth rates in developed and developing countries are nearly the same.
• C)Historically,in periods where the rate of population growth was high,so was the rate of growth in world real GDP per person.
• D)None of the above is correct.

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Definitions:

Principal-Agent Problem

A dilemma in relationships where one party (the agent) is supposed to act in the best interest of another (the principal) but may have an incentive to act in their own self-interest instead.

Political Corruption

The misuse of public power or position for personal gain, undermining the integrity and fairness of political processes.

Public Choice Theory

The economic analysis of government decision making, politics, and elections.

Government Failure

A situation where government intervention in the economy creates inefficiencies and leads to a misallocation of resources.