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The Total Fertility Rate Is the Average Number of Children

question 23

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The total fertility rate is the average number of children that would be born per woman if all women lived to the end of their childbearing years and bore children according to a given fertility rate at each age.


Definitions:

Total Tax

The cumulative amount of taxes imposed by a government from various sources, including income, sales, and property taxes.

Demand Curve

A graph showing the relationship between the price of a good and the quantity of that good that consumers are willing to buy at various prices.

Supply Curve

A graphical representation of the relationship between the price of a good and the quantity of the good that producers are willing to sell, holding all else constant.

Levied

Imposed, typically referring to taxes or duties.

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