Canada Part 2 Quiz

If a country does not invest in human capital

• they will probably have a lower standard of living
• they will probably have a high gdp
• they will probably have a high literacy rate
• they will probably have a lower traditional economy

Company owners decide economic decisions

• command
• traditional
• mixed market
• mixed command

When a country focuses on one product because of production efficiency, this is an example of

• currency exchange
• gdp
• entrepreneurship
• specialization

Why do countries invest in capital goods?

• doing so makes for better tools and technology to improve production
• doing so makes for better tools and technology to increase prices
• doing so makes for better trade between countries
• doing so makes for worse tools and technology for skills and knowledge

How do citizens of parliamentary democracies elect their countries' leaders?

• citizens do not vote the leaders are simply born into leadership
• citizens vote for the president who then chooses the legislature
• citizens vote for the legislature who then choose the prime minister
• citizens vote for the legislature who then choose the president

The most free

• mostly market
• mostly command
• mostly traditional
• mostly presidential

Vacationing from US to Italy

• gdp exchange
• currency exchange
• human exchange
• capital exchange

Canada's head of government

• king
• queen
• president
• prime minister

Canada's legislature

• parliament
• head of state
• head of government
• citizen exchange

Mixed but mostly market

• Canada's government
• Canada's gdp
• Canada's economy
• Canada's currency