Macroeconomics + Economy 2009 Update 18th Edition by Campbell McConnell, Sean Masaki Flynn,Stanley Brue

Exercise 19

CHANGES IN DEMAND-BABY DIAPERS AND RETIREMENT VILLAGES Other things equal, an increase in the number of buyers for a product or service will increase demand. Baby diapers and retirement villages are two products designed for different population groups. The U.S. Census Bureau Web site, www.census.gov/ipc/www/idbpyr.html , provides population pyramids (graphs that show the distribution of population by age and sex) for countries for 2000, 2025, and 2050. View the population pyramids for Mexico, Japan, and the United States. Which country do you think will have the greatest percentage increase in demand for baby diapers between 2000 and 2050 For retirement villages Which country do you think will have the greatest absolute increase in demand for baby diapers For retirement villages