Taking into account infant and child mortality, the total fertility rate that is necessary to keep a country's population from falling over time is:
A. Less than 1 birth per woman per lifetime
B. Equal to about 1 birth per woman per lifetime
C. Equal to about 1.5 births per woman per lifetime
D. Slightly more than 2 births per woman per lifetime
D. Slightly more than 2 births per woman per lifetime
You might also like to view...
Suppose that in an industry, firm X has 50 percent market share, firm Y has 35 percent market share, and firm Z has 10 percent market share. Which of the following mergers is NOT likely to be challenged by the Federal Trade Commission?
A) a merger between firms X and Y B) a merger between firms Y and Z C) a merger between firms X and Z D) Any merger of two firms among those firms is likely to be challenged.
Which of the following is TRUE of a perfectly competitive firm and a monopoly in the long run?
A) P = MC B) P = ATC C) MR = MC D) P = MR