Easterlin (1968, 1987) argues that as the relative price of children r

Easterlin (1968, 1987) argues that as the relative price of children rises,

(a) the average household demands fewer of them.
(b) society, at large, demands fewer of them.
(c) society, at large, demands more of them.
(d) nothing happens since the demand for children is not influenced by price.

 

ANSWER

(a)

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