HK Economy

Hong Kong's economy is (a)   and ​highly (b)   .

• open
• externally-oriented
• closed
• free
• internally-oriented

Hong Kong's economy is not easily affected by events around the world.

• True

• False

How many economic performance indicators did you learn about?

_ refers to the economic activities of a territory.

• Gross Domestic Product (GDP)

• Per capita GDP

• Average wage

• Unemployment rate

_ refers to the percentage (%) of the unemployed population.

• Per capita GDP

• Average wage

• Unemployment rate

• Gross Domestic Product (GDP)

_ refers to the amount of money obtained by diving the total wages by the total employed population.

• Per capita GDP

• Average wage

• Unemployment rate

• Gross Domestic Product (GDP)

Unemployed population refers to people aged (a)   and over with ​ (b)   ability. They ​ (c)   working right now but ​ (d)   looking for jobs. ​ ​

• 15
• working
• are not
• are
• 18
• non-working

Who is considered to be a part of the labour force?

• a 13 year old student

• a 47 year old housewife

• a 15 year old student who part times in 7-11

• a 68 year old man

Who is a part of the unemployed population?

• a 15 year old full-time student

• a 18 year old full-time student

• a 38 year old retiree

• a 20 year old University student looking for a part-time

When the unemployment rate decreases, the economy is doing _.

• bad

• good