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Use the Data to Find the Required Rate

question 79

Multiple Choice

Use the data to find the required rate. Round your answer to thousandths unless indicated otherwise.
-A six mile strip of Sprinkle Road had 67 traffic fatalities last year. There were 2.6 million miles driven along this stretch. Determine the traffic fatality rate per 1,000,000 miles driven. Round your answer to hundredths.


Definitions:

Gross Domestic Product

The total value of all goods and services produced within a country's borders in a specific time period, used as a broad indicator of an economy's health.

Income Side

The aspect of national accounts that deals with how income is generated, distributed, and used in an economy, typically measuring aspects like wages, rents, and profits.

Aggregate Income

The total income earned by all individuals and entities in an economy over a specific time period.

Final Output

The total value of goods and services produced by an economy after adjusting for intermediate goods used in production, representing the end products available for consumption, investment, exports, and government spending.

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