My Quiz

What is Stagflation

• high growth

• high interest rate

• Stagnation plus inflation

• none of the above

What would be classified by an economist as the factor of production known as land?

• a discovery of oil in the South China Sea

• an oil rig bought by an oil company

• money held by the oil companies in their bank accounts

• the productivity of oil workers

is GDP an important indicator used to estimate the scale of a country’s economy and growth rate ?

• False

• True

How do people earn money?

• 
• 

Which country is the richest in Southeast Asia?

• Indonesia

• Malaysia

• Singapore

• Thailand

Which country has the highest GDP per capita ?

• Ireland

• Hong Kong

• Luxembourg

• Singapore