IM - Chapter 2

Some economic indicators include

• GDP
• Unmployment rates
• Inflation
• All of these

GDP Stands For

• Greatest Domestic Product
• Gross Domestic Product
• Gross Domestic Produce
• Greatest Domestic Produce

What is GDP also called?

• Gross Domotic Product
• Dollar Measure
• Economic Output
• Leisure Development

Inflation shows..

• A general fall in prices
• The value of the economy
• A general rise in prices
• The rate of interest determined by the bank of England

Unemployment is :

• Working age people who are llooking for a job but can't get one
• Anybody between 16 - 65 without a job
• People without a job
• People who are not in the workforce

GNI is the abbreviation of ......

• gross national imports
• gross national index
• gross national income
• gross national independence

GDP Per Capita

• Calculated by the total population
• Calculated by the amount of labor force
• Calculated by the Total Commerce
• Calculated by the amount of Unemployed

Highest GNI per Capita in 2020

• USA
• Liechtenstein
• Qatar
• Singapore

Highest GDP in 2020

• USA
• Liechtenstein
• China
• Japan

Vietnam is considered a...

• Low-income Country
• Lower - Middle - Income Country
• Upper- Middle - Income Country
• High-Income Country