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Human Capital Goods and GDP

Authored by pam reynolds

History

6th Grade

Used 5+ times

Human Capital Goods and GDP
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7 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What must be present for an economy to be measured?

Some form of measurement

A nation watching

A Union

Trade Barriers

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is the best description of Gross Domestic Product (GDP)?

Grocery stores

Public Banking

Estimate of the value of goods and services that are manufactured and produced within a year in a country

A measurement that compares and contrasts real estate and real estate investments

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is human capital?

Knowledge of another country

Skills of the military in another country

A committee that regulates and maintains basic human rights

Knowledge and skills of a workforce within a nation.

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which will likely raise the GDP of a country?

Picking trade partners

Tariffs and Banking

Imports and exports

Investing in education and training of the workforce

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is the economic growth of a country measured?

By comparing to other countries

By analyzing natural and produced resources

By studying the types of cars and houses the citizens purchase.

By comparing the GDP of different years

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the GDP per capita?

The annual income of citizens with a nation

The countries import and export costs

The amount of banks that open in a certain area

The amount of houses and building that are constructed

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A nation with a high GDP typically does not invest in human capital, while a nation with a low GDP does invest in human capital.

True

False

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