The United States Canada Northern and Western Europe among other areas are________________?
Correct answer: D. in the third stage of the demographic transition
- A. in the first stage of the demographic transition
- B. still trying to curb population growth
- C. threatened by under population
- D. in the third stage of the demographic transition
Explanation
These developed regions have passed from high birth and death rates to low death rates and then low birth rates, placing them in the third stage of the traditional demographic transition model.
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The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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