According to many economists, as nations become wealthier, what happens to family sizes?
A) They increase.
B) They decline.
C) There is no effect.
D) They increase, but later in life.
B
You might also like to view...
Which is the more efficient use of one's tight budget: going to a first-run movie at $7.50 or waiting for the video to be available through Netflix?
A) Going to the first-run movie B) Waiting for the video C) Doing neither, especially if one's budget is tight. D) It depends on the chooser's own evaluations of costs and benefits.
If the inflation rate is decreasing while unemployment is decreasing: a. the short-run Phillips curve must have shifted right
b. the short-run Phillips curve must have shifted left. c. it involved a movement along the short-run Phillips curve. d. it would be inconsistent with any possible Phillips curve scenario.
The investment component of GDP measures spending on
a. financial assets such as stocks and bonds. During recessions it declines by a relatively large amount. b. residential construction, business equipment, business structures, and changes in inventory. During recessions it declines by a relatively large amount. c. financial assets such as stocks and bonds. During recessions it declines by a relatively small amount. d. residential construction, business equipment, business structures, and changes in inventory. During recessions it declines by a relatively small amount.
Barter is a system of exchange in which people directly trade one good for another, without using money as an intermediate step.
Answer the following statement true (T) or false (F)