Moderate

Which situation will a country face, if the birth rate falls sharply, while the death rate remains unchanged ?

Correct answer: C. an ageing population

  • A. a fall in living standards
  • B. a more youthful population
  • C. an ageing population
  • D. an increase in population

Explanation

If births fall while deaths remain unchanged, fewer young people enter the population and the average age rises over time. This produces an ageing population rather than a more youthful or larger population.

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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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