61. (p. 71) Which of the following best explains why petroleum-related products continue to dominate energy usage?
A. Petroleum’s versatility and ease of storage and transport
B. Most governments still do not favor alternate fuels
C. Petrol is still the cheapest form of fuel
D. Petrol still remains the most efficient form of fuel
E. Increasing discoveries of petrol deposits are making petrol cheaper
62. (p. 73) In terms of oil-imports, which of the following is the biggest energy consumer of world?
A. Japan
B. China
C. The United Arab Emirates
D. The United States
E. Germany
63. (p. 74) With respect to global population trends, all of the following help in determining today’s demand for various categories of goods EXCEPT:
A. historical population figures.
B. current population.
C. rural/urban population shifts.
D. rates of growth.
E. age levels.
64. (p. 74) According to experts, going by the current rate of growth, what is the expected population of the world by the year 2050?
A. 3.5 billion
B. 4.2 billion
C. 6 billion
D. 7.3 billion
E. 8 billion
65. (p. 75) According to the text, which is the most important deterrent to population control?
A. Financial benefits of having large families
B. Poor enforcement mechanism
C. Lack of awareness about population trends
D. Government welfare schemes for the homeless/orphans
E. Cultural attitudes about the importance of large families
66. (p. 75) Which of the following reflects the view held by economists regarding population growth?
A. Fertility rates increase proportionate to the rate of economic growth.
B. A decline in fertility rate is a function of economic prosperity.
C. A difference in the male-female ratio heavily influences the fertility rate.
D. Developing nations tend to have lower population growth rates compared to developed nations.
E. Increased global trade and migration will eventually even-out population growth rates across different nations.
67. (p. 76) According to latest estimates, what proportion of the world lives in cities?
A. About two-thirds
B. Less than 25 percent
C. More than 40 percent
D. Approximately half
E. Approximately one-third
68. (p. 76) According to the text, which of the following is one of the reasons for the decreasing birthrates in Europe and Japan?
A. Decreasing fertility rates of women in industrialized nations
B. More women are choosing careers instead of children
C. Modern work-life reduces potency of males in industrialized nations
D. Governments favor immigration to balance population requirements
E. Punitive measures for larger families lead to decreasing birthrates
69. (p. 78) The part of the world with the largest portion of people over 65 years is also the part of the world with the fewest number of people under age 15 years. Which of the following could be a possible result of this disparity?
A. A conscious effort to slow down rapid urbanization and industrialization.
B. A larger focus on automation and technology in industries.
C. A heavy tax burden on future workers.
D. An increased focus on higher birthrates through incentives.
E. Governments will encourage citizens to migrate to other nations.
70. (p. 78) Which of the following is the region of the world most affected by aging and thus by a steadily decreasing worker-to-retiree ratio?
A. Africa
B. The United States
C. China
D. Asia
E. Europe
71. (p. 78) Demographic projections suggest that in the future, the part of the world with the largest portion of people over 65 will also be the part with the fewest people under age 15. This means that:
A. fewer workers to support future retirees.
B. taxes will be lowered on future workers to pay for benefits for the elderly.
C. more under-65 workers will retire early.
D. there will be pressure to prevent migration.
E. there will be pressure to increase immigration levels.
72. (p. 80) _____ represent(s) the attempts of countries to overcome economic and social imbalances created in part by the influence of geography.
A. The Internet
B. Free Trade policies
C. Resource sharing pacts
D. Trade treaties
E. Trade routes
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