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Question

Which one of the following is true for the General Fertility Rate ?

The correct answer is
It is a potential measure of fertility.

Understanding General Fertility Rate (GFR)

The General Fertility Rate (GFR) is a specific demographic metric used to assess the fertility of a population.

GFR Calculation and Meaning

GFR is defined as the number of live births per 1,000 women of reproductive age (commonly considered 15 to 49 years old) within a given year. Mathematically, it is expressed as:

$ GFR = \\frac{\\text{Number of live births in a year}}{\\text{Number of women aged 15-49 in the same year}} \\times 1000 $

This rate focuses specifically on the reproductive age group, providing a more refined view of fertility compared to the Crude Birth Rate.

Option Analysis

  • Option 1: It is an actual measure of fertility. While GFR uses real-world data (births and population figures), it primarily indicates the reproductive performance during a specific period.
  • Option 2: It is a potential measure of fertility. This is the most accurate description. GFR reflects the reproductive capacity or *potential* of women within the childbearing age group to give birth, based on observed rates. It signifies how fertile this specific group is.
  • Option 3: It is an actual measure of female population composition. GFR is not about the demographic makeup (like age structure or distribution) of the female population but rather about the births occurring within a segment of that population.
  • Option 4: It is based on hypothetical age specific birth rate profile. This describes the Total Fertility Rate (TFR), which projects lifetime fertility based on current age-specific rates. GFR, conversely, is based on actual occurrences in a specific year.

Key Takeaway

The General Fertility Rate serves as an indicator of the reproductive potential exhibited by women of reproductive age in a population during a particular time frame.

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Important Questions from Economics

  1. Absolute poverty and relative poverty are the types of:
  2. Hybrid method of accounting for price level changes is the mixture of combination of :
    (i) Current Purchasing Power Method.
    (ii) General Purchasing Power Method.
    (iii) Current Cost Accounting Method.
    (iv) First-in First-out Method.
  3. The advantages of the cost concept is that, valuation of the asset does not depend on the __________.
  4. Who is the First Economist who pointed out that the pricing problem should be studied from the view point of time?
  5. The concept of perfect competition was introduced by __________.
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