Answer - In my view , the decreased fertility rate leading to the fall in growth rate of population will be good for the economy. The slower growth of population will lessen up the burden on the working population which would have been created in case population growth was high. Also the lower rate of growth of popuation , will lead to the higher per capita income. The standard of living will rise . It will also reduce the inflationary pressures upon the economy as the growth rate of demand will be slower.
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