The total fertility rate in an economy is defined as: (a) The number of children born per 1000 people in the population in a year.

The total fertility rate in an economy is defined as:

(a) The number of children born per 1000 people in the population in a year.
(b) The number of children born to a couple in their lifetime in a given population.
(c) The birth rate minus death rate.
(d) The average number of live births a woman would have by the end of her child-bearing age.

Correct Answer: (d) The average number of live births a woman would have by the end of her child-bearing age.

Explanation:
The total fertility rate (TFR) is defined as the average number of live births a woman would have by the end of her child-bearing age, typically considered to be between 15 and 49 years old.
Possible Sources: Demographic and population studies references.