6344592
Beschreibung
Quiz von Nikolas Reece, aktualisiert more than 1 year ago
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Erstellt von Nikolas Reece
vor fast 8 Jahre
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Frage 1
Frage
Which of the following is the MAIN economic goal of the government.
Antworten
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stabilise the economy
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low inflation levels
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increase GDP
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low unemployment level
Frage 2
Frage
The MOST accurate benefits of government achieving its main economic goal is:
Antworten
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more attractive for tourism
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higher standard of living
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another 5 yer term in government
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more money for each citizen
Frage 3
Frage
All of the following are drivers of economic growth EXCEPT:
Antworten
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Human capital
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Land and other natural resources
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A large dependent population
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Technological advancements
Frage 4
Frage
How is economic growth measured?
Antworten
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By changes in real national income
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By changes in gross domestic product
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By accumulation of capital goods
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By infrastructural changes
Frage 5
Frage
As it relates to economic growth, the diagram represents:
Antworten
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The point in the PPF where resources are unattainable
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The point in the PPF where resources are lying idle
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A recession
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Output has increased in the economy
Frage 6
Frage
Which of the following describes the diagram above as it relates to changes in the economy
Antworten
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negative growth
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positive growth
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The point where resources are underutilized in the economy
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Gross Domestic Product
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