Which the following is NOT an exogenous factor affecting economic growth that countries caught in a "poverty trap" might utilize to encourage economic growth?

An increase in a retailer's "overhead expenses"

A) compels the retailer to raise prices. B) enables the retailer to raise prices. C) makes it profitable for the retailer to raise prices. D) does not in itself make higher prices necessary, possible, or profitable.

What is meant by the demographic transition? What are the differences in the demographic transition between the current developed economies and developing countries?

What will be an ideal response?