Rapid population decline cannot cause:a.less government revenue with fewer workersb.economic growthc.labor shortaged.decrease in retirement age
Question
Rapid population decline cannot cause:a.less government revenue with fewer workersb.economic growthc.labor shortaged.decrease in retirement age
Solution
The statement "Rapid population decline cannot cause" is followed by four options. Let's analyze each one:
a. Less government revenue with fewer workers: This is a possible outcome of rapid population decline. With fewer people in the workforce, there would be less income tax revenue for the government.
b. Economic growth: This is the correct answer. Rapid population decline is generally not associated with economic growth. Instead, it often leads to economic stagnation or contraction, as there are fewer workers to produce goods and services, and fewer consumers to buy them.
c. Labor shortage: This is a possible outcome of rapid population decline. With fewer people, there could be a shortage of workers in various industries.
d. Decrease in retirement age: This is a possible outcome, but not a direct cause of rapid population decline. A country might choose to lower the retirement age to make room for younger workers, but this would be a policy decision, not a direct result of population decline.
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