The demographic transition view of population and growth in DVCs is that:
A. The most important factor affecting population growth in DVCs are demographic changes among the elderly
B. Slower population growth is neither desirable nor productive for DVCs given the state of the economies in these nations
C. Reduced birthrates must come first in DVCs, and then higher per capita incomes will follow
D. Higher per capita incomes must come first in DVCs, and then reduced birth rates will follow
D. Higher per capita incomes must come first in DVCs, and then reduced birth rates will follow
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The European central bank is located in Frankfurt, Germany
Indicate whether the statement is true or false
If the labor supply and demand curves cross at a wage of $20,
a. a wage rate of $10 per hour would lead to an excess demand for labor b. a wage rate of $10 per hour would lead to an excess supply of labor c. that wage causes a high rate of cyclical unemployment d. employees are overpaid e. a wage rate of $10 per hour would mean there is a significant amount of structural unemployment