The Number of Babies Born Per Year Per 1,000 People

question 147

Multiple Choice

The number of babies born per year per 1,000 people is called the:

• A) economic index.
• B) birthrate.
• C) future market index.
• D) baby boom index.
• E) consumer surplus.

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Definitions:

Interest Portion

Part of a loan payment that is attributed to interest charges on the borrowed principal amount.

Principal Amount

The original sum of money borrowed in a loan or put into an investment, excluding interest or profit.

Installment Note

A debt instrument that requires regular payments, or installments, of principal and interest over a set period of time until the full amount, including interest, is paid.

Premium on Bonds Payable

The amount by which a bond's sale price exceeds its face value, reflecting additional value due to market conditions or the bond's terms.