SS6E6 Quiz

What is GDP per capita?

• the measurement of the annal income of citizens in a country.

• the spent money or a resource for some benefit in the future.

• how two or more things are connected.

• a calculation of what a nation is worth.

What can raise the GDP of a country?

• Tariffs and Banking

• imports and exports

• picking trade partners

• Investing in education and training of the workforce

Canada is rich in which of the following natural resources?

• Trees

• Leather

• Oil

• Minerals

Output per person, calculated as real GDP divided by the total population.   

• GDP/Capita
• GDP
• Productivity  
• Investment 

Gross Domestic Product measures the 

• quantity of the goods and services produced in a given year, listed item by item, within a country.
• market value of the final goods and services produced in a given year within a country.
• measures the market value of the domestic labor in a given year within a country. 
• market value of the final goods and services consumed by households in a given year within a country.

What are the 4 natural resources?

• Land, Labor, Capital, Entrepreneurship

• Entrepreneurship, Natural resources, Human resources, Capital resources

• people, trees, machines, sun

• weather, trees, dirt, people

The _________________ the county's GDP, the better the standard of living.

• lower

• higher

• Entrepreneurship

• natural resources

Things that are found on the earth are called?

• Human resources

• capital resources

• Natural resources

• Entrepreneur

What are examples of natural resources?

• water

• trees

• soil

• all of the above

What are examples of human resources?

• farmers

• cashiers

• teachers

• all of the above