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Bahamas GDP Components

Authored by Gino Miller

Other

9th Grade

Bahamas GDP Components
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15 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the Gross Domestic Product (GDP) of The Bahamas?

The Bahamas has no GDP

The GDP of The Bahamas is over $50 billion USD

The GDP of The Bahamas is less than $1 billion USD

The answer can vary depending on the most recent data available, typically in the range of $12-13 billion USD.

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What are the main components of The Bahamas' GDP?

Agriculture, manufacturing, healthcare

Tourism, financial services, construction

Mining, retail, entertainment

Technology, education, transportation

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does government spending contribute to The Bahamas' GDP?

Government spending contributes to The Bahamas' GDP by reducing inflation rates

Government spending contributes to The Bahamas' GDP by creating demand for goods and services, leading to increased production and economic growth.

Government spending contributes to The Bahamas' GDP by increasing interest rates

Government spending contributes to The Bahamas' GDP by decreasing unemployment rates

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Explain the role of exports in The Bahamas' GDP.

Exports contribute to The Bahamas' GDP by generating revenue from selling goods and services to other countries.

Exports are only relevant for local consumption and do not affect GDP

Exports have no impact on The Bahamas' GDP

Exports decrease The Bahamas' GDP by draining resources

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What impact does tourism have on The Bahamas' GDP?

Tourism only has a minor impact on The Bahamas' GDP

Tourism has a significant positive impact on The Bahamas' GDP by contributing a large portion of the country's revenue.

Tourism has no impact on The Bahamas' GDP

Tourism negatively impacts The Bahamas' GDP

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Discuss the importance of construction in The Bahamas' GDP.

Construction has no impact on The Bahamas' GDP

Construction negatively affects The Bahamas' GDP

Construction is vital for The Bahamas' GDP due to its impact on economic growth, job creation, foreign investment, infrastructure development, and stimulation of related sectors.

The Bahamas' GDP is not influenced by construction

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How does the financial services sector influence The Bahamas' GDP?

The financial services sector decreases The Bahamas' GDP

The financial services sector only benefits a small portion of the population in The Bahamas

The financial services sector influences The Bahamas' GDP by generating income, creating employment opportunities, attracting foreign investment, and stimulating economic growth.

The financial services sector has no impact on The Bahamas' GDP

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