Author Question: The dependency burden is a. a measure of the degree to which the less developed countries are ... (Read 64 times)

tiara099 · **on:** Jun 30, 2018

The dependency burden is

a. a measure of the degree to which the less developed countries are dependent on the rich industrial countries.
b. the average number of children that a woman gives birth to during her lifetime.
c. the number of babies born per 1000 persons.
d. the percent of the population that is below 15 and above 65 years of age.

Question 2

A tax on a product will yield little revenue if

a. supply is elastic
b. supply is inelastic
c. demand is inelastic
d. demand is elastic
e. no tax in a developing country will yield significant revenue