Microeconomics theory of fertility gives an explanation for a seemingly paradoxical negative relationship between household income and family size. In fact, which of the following contradicts this theory?
A) As income increases, parents start to desire fewer children of lesser quality.
B) As income increases, parents start to desire fewer children of superior quality.
C) It is the increased benefit of raising high quality children that ultimately
precipitates the decline in fertility.
D) Children are deemed to be inferior consumption goods.
E) None of the above.
Correct Answer:
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