The crude birthrate is________________?
Correct answer: A. an important demographic concept
- A. an important demographic concept
- B. the number of male births per 1000 people per country per year
- C. the rate at which infants survive past their first year
- D. the rate at which the elderly die in any given year
Explanation
The crude birth rate is the number of live births per 1,000 people in a population during a year, making it an important demographic measure. Option b is wrong because the rate is not limited to male births.
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The economy is studied as a whole through national income, gross domestic product, inflation, unemployment, economic growth and business cycles. Coverage includes aggregate demand and supply, consumption and investment, money and banking, fiscal and monetary policy, exchange rates and balance of payments, which distinguishes macroeconomics from the study of individual markets.
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