Unit 4 Quizziz

Based on this graph, who likely has the best economy?

• UK

• Germany

• Russia

Entrepreneurs, a person who must only be innovative and willing

to take risks in order to be one, contribute the MOST to which two things?

• public sector growth and GDP growth

• Private sector decline and GDP growth

• Public sector decline and GDP decline

• private sector growth and GDP growth

What kind of economy does not just Russia, Germany, and the UK have, but most countries have?

• command

• Free Market

• Mixed

• Traditional

Judy is from Italy, which is in the European Union and uses the Euro, just like Germany. If Judy wanted to travel and get the most currency of the country she travels to, which airport and country should she fly to?

• the German Frankenfert International Airport

• the UK's London Stansted Airport

• Russia's Sheremetyevo International Airport

• I don't know how to read this or what exchange rate is, and if I saw this chart on the test, I'd surely get it wrong

What's good about a high literacy rate?

• It means a more efficient workforce

• It usually means a higher GDP for the country

• It means a higher standard of living for the country

• All of the above

Which of the following statements is likely false?

• Russia failed to account for massive port delays, damaging their economy, and GDP as a result

• UK has followed Germany's investments in human capital, allowing the country to have economies with similar performance

• Russia has fixed their infrastructure issues, allowing them to become the greatest economy in Europe

• Germany's investments in Human Capital, Entrepreneurs, and Capital Goods has allowed Germany to remain one of the best economies in Europe