MA04 Self Learning Checkpoint
Quiz
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Other
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12th Grade
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Practice Problem
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Medium
Majella Tay
Used 2+ times
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8 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economic growth is a situation where an economy’s real GDP increases
True
False
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Actual economic growth is a situation where an economy’s growth is fuelled by high total spending in an economy.
True
False
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Potential economic growth is a situation where an economy’s productive capacity improved.
True
False
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
AD curve shifts to right to show potential economic growth.
True
False
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
AD curve shifts to right to show actual economic growth.
True
False
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
LRAS curve shifts to right to show potential economic growth.
True
False
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is the reason for an actual economic growth to occur?
Quality of education improved
Better technology used
Government spending increased
Discovery of new resources
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