Global MCQ Practice

Home > Finance > Economics > Macroeconomics > Economic Growth > Economic Growth – Quiz 74
🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books

Economic Growth Quiz 74 (25 MCQs)

Quiz Instructions:

Select an option to see the correct answer instantly.

1. Countries with a higher GDP per capita have stronger economies, while countries with lower GDP per capita have _____
2. A suitable policy to address a deflationary gap would be:
3. What are the four basic factors that influence economic growth in ANY part of the world?
4. According to the HSBC Global Connection survey, what percentage of firms already operating in Indonesia are planning to prioritize their growth in the country over the next two years?
5. Government established rules to prevent businesses from harming citizens.
6. Describe the impact of poverty cycle on society.
7. Many of the hostilities and conflicts between the Native Americans and Europeans occur as a result of _____
8. Argentinean players paying PLAY STATION PLUS service in dollars:
9. How is GDP per capita calculated?
10. Which countries were included in the term 'BRIC'?
11. The US Government commits to only purchase American-made products moving forward. Will economic growth occur? Which growth factor contributed is the cause? (If none, only select one answer)
12. What is a potential consequence of a fall in consumer/business confidence during a recession?
13. GDP is often measured as "GDP per capita" ( _____ )
14. Calculate the economic growth rate if GDP was £60 billion in Year 1 and £63 billion in Year 2.
15. Doctors, teachers, factory workers, etc. are examples of:
16. Why are poverty rates higher in rural areas than average?
17. What best refers to a process whereby a firm turns economic inputs like labor, machinery, and raw materials into outputs like goods and services that consumers use?
18. Apart from GDP, the following factors influence the high and low happiness rates in a country, EXCEPT
19. What happened to cattle trails when the railroad expanded?
20. What is the main objective of the Heavily Indebted Poor Countries (HIPC) Initiative?
21. Country's total value of goods and services produced in a single year.
22. To address an inflationary gap, a government might:
23. How well or poorly a person or group of people live in terms of having their needs and wants met
24. Which one is NOT an example of capital goods?
25. _____ is a normative concept i.e., it applies in the context of people's sense of morality (right and wrong, good, and bad).
← PreviousNext →

Related Quizzes

🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books