Examlex
What macroeconomic measures are considered fixed in our open-economy model?
Total Fertility Rate
An estimate of the average number of children a woman will have during her reproductive years, typically used as an indicator of population growth.
Refined Birth Rate
A statistical measure of the number of live births in a year, typically expressed per 1000 people in the population, adjusted for specific criteria or demographics.
Demographic Transition
The process by which a country moves from high birth and death rates to low birth and death rates through stages of development, often leading to a stable or declining population.
Industrialization
The development of industries in a country or region on a wide scale, often marked by technological innovation and economic growth.
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