Living standards related to Economic performance

What environmental problems are associated with unsustainable economic growth?

• Air pollution and deforestation
• Water pollution and soil erosion
• Climate change and biodiversity loss
• There are no environmental problems associated with unsustainable economic growth

What is the expected rate of economic growth for strong and sustainable economic growth?

• 7-8 percent per year
• 1-2 percent per year
• 3-4 percent per year
• 5-6 percent per year

What happens to living standards if economic growth is too fast?

• Living standards decrease
• Living standards improve
• Living standards suffer
• Living standards remain the same

What are some environmental problems associated with unsustainable economic growth?

• Increased job opportunities
• Resource depletion and loss of biodiversity
• Improved material living standards
• Reduced pollution

How is GDP per capita calculated?

• By adding the value of GDP to the number of people in the economy
• By multiplying the value of GDP by the number of people in the economy
• By dividing the value of GDP by the number of people in the economy
• By subtracting the value of GDP from the number of people in the economy

What is the relationship between economic growth and living standards?

• Economic growth has a neutral effect on living standards
• Economic growth improves living standards
• Economic growth decreases living standards
• Economic growth has no impact on living standards

What are some measures of economic performance?

• Unemployment rates, GDP per capita, and external stability
• Inflation rates, external stability, and economic growth
• GDP per capita, inflation rates, and economic growth
• Unemployment rates, inflation rates, and economic growth

What is the impact of economic indicators on material living standards?

• Economic indicators improve material living standards
• Economic indicators have no impact on material living standards
• Economic indicators decrease material living standards
• Economic indicators provide information about material living standards

Why is a delicate balance in policy implementation important for improving living standards?

• Policies that improve material living standards always improve non-material living standards
• Policies that improve non-material living standards always improve material living standards
• Some policies may improve material living standards but may negatively impact non-material living standards, and vice versa
• It is not important for improving living standards

What does a higher rate of economic growth, such as 5 percent per year, lead to?

• No impact on the economy or living standards
• Stability and achievement of economic goals
• Economic problems and a decline in living standards
• Increased productivity and improved living standards