6344592
Descripción
Test por Nikolas Reece, actualizado hace más de 1 año
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Creado por Nikolas Reece
hace casi 8 años
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Pregunta 1
Pregunta
Which of the following is the MAIN economic goal of the government.
Respuesta
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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
Pregunta 2
Pregunta
The MOST accurate benefits of government achieving its main economic goal is:
Respuesta
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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
Pregunta 3
Pregunta
All of the following are drivers of economic growth EXCEPT:
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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
Pregunta 4
Pregunta
How is economic growth measured?
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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
Pregunta 5
Pregunta
As it relates to economic growth, the diagram represents:
Respuesta
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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
Pregunta 6
Pregunta
Which of the following describes the diagram above as it relates to changes in the economy
Respuesta
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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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