Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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please answer question d e f

Transcribed Image Text:4.
For the demographic transition:
A. What are the formulas for the general fertility rate, crude
mortality rate, and death cause distribution rate.
B. Define and graph the three-phase demographic transition.
For each of the phases, present the relationship between
fertility rates, death rates, and net population change.
C. Discuss how Gary Becker's fertility model interacts with
Parson Malthus's work.
D. What was Malthus's assumption regarding the relationship
between income and household size?
E. What was Becker's conclusion regarding the relationship
between income and household size?
F. How does Becker resolve the contradiction between facts
we observe and Malthus's view for the relationship
between income and the number of children a household
has?
G. Is there empirical evidence that Becker is correct? If so,
what is the evidence?
H. For the current COVID pandemic and from the evidence
discussed in class, which age cohort is at greater risk, and
what implication does this have on the labor market? How
does this compare to the Spanish Influenza epidemic of
1917-1919?
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