Which of the following is a direct implication of the view that ...

[maychende]

Which of the following is a direct implication of the view that childbearing is an economic decision?
 
  (a) People will not have additional children unless they can earn a profit from doing so.
  (b) Social factors have no effect on childbearing decisions.
  (c) Compulsory education will increase fertility because educated children have the potential to earn higher salaries.
  (d) Fertility should fall with improved opportunities for women to work in jobs outside the home.

Question 2

When and under what circumstances is intervention in international trade justified on market correction grounds? What preconditions would have to be met from the government side for there to be a reasonable likelihood of success?
 
  What will be an ideal response?

[Chou]

Answer to Question 1

D

Answer to Question 2

This will depend on what you cover in lecture.