GDP vs Happiness Index Quiz

What is the main focus of the Happiness Index?

• Government budgeting

• International trade

• Wellbeing of citizens

• Economic growth

What does GDP measure?

• Government debt

• Unemployment rate

• Population growth rate

• Value of finished goods and services

How is GDP per capita calculated?

• By dividing GDP by the unemployment rate

• By dividing GDP by the population

• By multiplying GDP by the inflation rate

• By adding GDP and the government debt

According to the article, what did Simon Kuznets say about inferring the welfare of a nation from national income?

• It is the only method

• It is not possible

• It is a complex process

• It is a reliable method

Which country was the first to test a Gross National Happiness Index?

• China

• United States

• India

• Bhutan

What is the main focus of New Zealand's new budget?

• Reducing government debt

• Increasing GDP

• Improving mental health

• Expanding military capabilities

What are the five government priorities mentioned in the article?

• Improving mental health, reducing child poverty, addressing climate change, thriving in a digital age, transitioning to a low-emission economy

• Increasing GDP, reducing unemployment, improving education, addressing inequality, promoting international trade

• Improving mental health, reducing child poverty, addressing inequalities faced by indigenous people, thriving in a digital age, transitioning to a low-emission economy

• Reducing government debt, increasing military spending, promoting international trade, addressing climate change, improving mental health

According to Finance Minister Grant Robertson, what should not come at the cost of its citizens?

• National security

• GDP growth rates

• Government debt

• Economic growth

What is the main reason for the shift in focus of New Zealand's government?

• To address climate change

• To reduce government debt

• To improve the welfare of its citizens

• To increase GDP

What does Max Harris suggest in his book The New Zealand Project?

• Expanding military capabilities

• Promoting international trade

• Focusing on economic growth only

• Integrating traditional community values