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Economic Growth Quiz 44 (25 MCQs)

Quiz Instructions:

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1. The Governor veto's a bill by the State Legislature. The State Legislature can override a veto by the Governor. Which principle does this cover?
2. During World War II, many state's citizens, white and African Americans joined the military.
3. What is the relationship between education and economic development?
4. AD curve shift to right to show potential economic growth
5. High consumer expenditure happens in a
6. Purchasing power parity (PPP) compares economic growth and standards of living in different countries with a common currency/basket of goods approach.
7. GI Bill benefits were used by veterans to pursue an education.
8. True or False-a radioactive element is safe for human beings to handle.
9. Tariffs was one cause of the Civil War. Why did the Southern states not like these taxes?
10. Which of the following BEST explains the need for a monetary exchange system to in Southwest Asia?
11. A country investing in skills
12. Which method of measuring GDP involves adding up the amount of spending by purchasers of final goods?
13. Which of these examples would describe growth due to a better economic environment?
14. Economic growth is important because with positive economic growth we can expect _____
15. More efficient production methods would be included in which measure of economic growth?
16. Which of the following is a withdrawal from the circular flow of income?
17. The factories, machinery, technology, etc. that are necessary to sustain a service or industry
18. Quality education in the country is an aspect of Economic _____
19. Indonesia having the largest GDP in Southeast Asia means that it has the highest standard of living among countries.
20. Economic Development is _____
21. The colonists believed all were advantages to a Royal government EXCEPT:
22. What is the main goal of structural adjustment programs in developing countries?
23. To promote _____ and sustainable economic growth, _____ and decent _____ for all.
24. What is the goal of inclusive growth policies?
25. Why would the "services" sector of the economy likely be doing poorly right now?
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