Question 40 (2 points) Why should creation of an old age support system (e.g.soc

Question

Question 40 (2 points) Why should creation of an old age support system (e.g.social security) reduce the demand for chil It increases the opportunity cost of having children. o It increases the benefit of having more children as an investment towards one's old age. It reduces the benefit of having more children as an investment towards one's old age. It causes people to have children in their old agel! Save Question 41 (2 points) Which of the following is a direct implication of the view that childbearing is an economic decision o Fertility rates should fall with improved opportunities for women to work in jobs oude the h o People will not have additional children unless they can earn a profit from doing so. o Comuducation will increase fertility because educated children have the potential to e salaries. Social factors have no effect on childbearing decisions Save Question 42 2 points) Suppose a given amount of funds are being decided to be allocated between three alternative polic creating more urban jobs, (2) raising the urban wage rate and (3) improving rural employment oppc Rank the three policies in terms of their effectiveness in curbing rural-urban migration and the rel of urban unemployment. o Policy (3) is most effective, followed by policy (1). Policy (2) actually exacerbates the problem. o Policy (1) is most effective, followed by policy (2). Policy (3) actually exacerbates the problem O Policy (2) is most effective, followed by policy (3). Policy (1) actually exacerbates the problem.

Explanation / Answer

Question 40). Answer :- Option c). It reduces the benefit of having more children as an investment towards one's old age.

Question 41). Answer :- Option a). Fertility rates should fall with improved opportunities for women to work in jobs outside the home nation.

Question 42). Answer :- Option b). Policy (1) is most effective, followed by policy (2), policy (3) actually exacerbates the problem.

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