Microeconomics 20th Edition by McConnell, Sean Flynn, Stanley Brue

Exercise 2

Demographers have been surprised that total fertility rates have fallen below 2.0, especially because most people in most countries tell pollsters that they would like to have at least two children. Can you think of any possible economic factors that may be causing women in so many countries to average fewer than two children per lifetime What about other social or political changes LO1