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BUS 200 Module 5

Authored by Destin Tran

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BUS 200 Module 5
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30 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key requirement for economic development?

International trade

Economic growth

Population growth

Military spending

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country followed an investment-led path to economic development?

India

China

Brazil

Germany

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the primary indicator of economic development?

Inflation rate

GDP and GNP

Unemployment rate

Literacy rate

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following defines an advanced country?

Highly industrialized with a high quality of life

High population growth rate

Strong agricultural sector

Limited infrastructure

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does GNP measure?

Domestic production only

Imports and exports

Total national production, including overseas income

Government spending

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the term for economic activity that is not formally registered?

Shadow economy

Public sector

Industrial economy

Blue economy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which is a challenge when using gross product figures?

They are too specific

They ignore developed nations

They only provide a snapshot of one year

They do not include population

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