According to demographers. The "demographic transition" resulting from an increase in living standards follows a pattern of:
A. Death rates falling ahead of a decline in birth rates
B. Death rates falling after birth rates fall
C. Death rates rising as birth rates fall
D. Death rates rising as birth rates rise
A. Death rates falling ahead of a decline in birth rates
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Financial markets are regulated by
A) the Securities and Exchange Commission. B) the Stock and Bond Exchange Commission. C) the Security and Protection Commission. D) the Stock and Exchange Commission.
Some economists believe that higher marginal income tax rates __________ the incentive to work and thus shift the __________
A) increase; AD curve to the right B) increase; SRAS curve to the right C) increase; SRAS curve to the left D) decrease; AD curve to the left E) decrease; SRAS curve to the left
Economists use the term self-interest to indicate that people ______.
a. mostly act for material gain b. are basically selfish c. make choices for personal satisfaction d. want to become wealthy
If China's economy maintains a 7% annual growth rate over the next 20 years, about how large will its economy be in 20 years if its current GDP is $12 trillion?
a) $24 trillion b) $29 trillion c) $36 trillion d) $48 trillion