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If Families Continue to Have Fewer Than Two Children and If

question 101

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If families continue to have fewer than two children and if most people survive into old age, the demographic pyramid will _____.


Definitions:

Demand Shifts

Changes in the demand curve due to factors other than the price of the good, such as changes in income, tastes, or prices of related goods.

Quantity Demanded

The total amount of a good that consumers are willing and able to purchase at a specific price in a given period.

Economy Moves

The dynamic changes and shifts in economic activity, including growth, recession, and recovery phases, within a country or globally.

Supply

Refers to the total amount of a specific good or service that is available to consumers.

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