Which of the following statements is TRUE about the relationship between high birthrates and real GDP growth?
A) High birthrates in countries with little economic freedom will lead to higher labor force participation rates that in turn lead to higher growth of real GDP.
B) High birthrates reduce per capita incomes, and a lack of economic freedom inhibits real GDP growth.
C) There is no relationship between birthrates and real GDP growth.
D) The influence that birthrates have on real GDP growth is the same in countries whether or not economic freedom exits.
Correct Answer:
Verified
Q30: Assume that in the economy real GDP
Q31: The percentage change in per capita real
Q32: What will happen to the annual rate
Q33: A major contributor to a country's real
Q34: Political freedom seems to be _ important
Q36: Which of the following best represents economic
Q37: What will happen to the annual rate
Q38: Population growth is more likely to contribute
Q39: Economic freedom is
A) important in leading to
Q40: Economic freedom is
A) the right to vote
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents