Economic Growth Quiz 28 (25 MCQs)

Quiz Instructions:

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1. The performance of a duty or work for another person.

2. Inflationary gaps often lead to:

3. What is a key policy tool for inclusive growth?

4. What can we do to increase economic growth in our community?

5. What does productive capacity measure?

6. What is Not an example of a Natural Resource?

7. Which country has invested capital goods in the automotive industry?

8. What is the role of natural resources in economic growth?

9. Increases in long-run growth are caused by an increase in aggregate supply

10. A material on or in the earth that has economic value.

11. "Gifts of Nature"

12. Which one is NOT a factor when determining the HDI of a country?

13. What type of transportation in Virginia helped cities grow?

14. Literacy is the ability to

15. The total value of goods and services produced in a country in a year is called the _____

16. Division of labour reduces productivity

17. Which of the following about strategy of unbalanced growth is right

18. What is one reason why innovation can have high returns?

19. Civil War 2.Mexican-American War3. Reconstruction 4.Texas Annexation Which of the following is the correct chronological order?

20. The PPC (Production Possibility Curve) moves inward during a _____ ?

21. What is the purpose of the European Union?

22. Sustainable economic growth depends upon

23. The use of resources and money with aparticular country

24. Human capital is all the skills, talents, education, and abilities that human workers possess.

25. Which one IS NOT an example of human capital?