Figure 24-4 -Refer to Figure 24-4. Given the Economy Is at Point

question 257

Multiple Choice

Figure 24-4
-Refer to Figure 24-4. Given the economy is at point A in year 1, what is the difference between the actual growth rate in GDP in year 2 and the potential growth rate in GDP in year 2?

• A) 0.3%
• B) 1.1%
• C) 2.7%
• D) 3.7%

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Definitions:

Infant Mortality Rate

The rate at which infants under one year of age die in a given population per 1,000 live births in a year.

Crude Birth Rate

The number of live births per 1,000 people in a population in a given year.

Teenage Pregnancy Rate

The number of pregnancies per 1,000 females aged 15-19 in a given year, a key indicator of reproductive health and socio-economic conditions.

Immigration

The movement of people from one country to another to live or work.