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book Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn cover

Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn

Edition 20ISBN: 978-0077660772
book Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn cover

Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn

Edition 20ISBN: 978-0077660772
Exercise 14
LAST WORD Would you expect a country with a total fertility rate of 2.7 to have a growing or a shrinking population over the long run? What about a country with a total fertility rate of 1.2? In 20 years, will America have more or fewer workers per retiree than it does today? Why does a falling inverse dependency ratio make it harder for real GDP to continue growing?
Explanation
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A fertility rate of 2.1 births per woman...

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Macroeconomics 20th Edition by Campbell McConnell ,Stanley Brue ,Sean Flynn
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