Unit 8 CCA Retest

Which of the following factors negatively affect economic growth? (Select two answer choices.)

• poor climate

• high literacy rate

• corrupt government

• technology

What does it mean to import goods?

• Only making one kind of product.

• Selling goods to another country.

• Buying goods from another country.

• Sending financial aid to another country.

A country that produces more of a supply than it needs will often (a)   to make money.

• import the surplus

• increase the surplus

• export the surplus

• dispose of the surplus

Which of these can positively affect an economy?

• A) War

• B) Lack of natural resources

• C) Corrupt government

• D) Improved technology

What does a high GDP tell you about a country?

• The country has fewer people that graduated from high school.

• The country produces and sells a large amount of goods and services.

• The country has a low population.

• The country has low access to technology.

Which of the following factors are typical in developed nations? (Select two of the following answers.)

• High Literacy Rate

• Poverty

• High Rates of Unemployment

• High Life Expectancy

Which term describes a rating that represents the life expectancy, level of education, and per capita income?

• GDP (Gross Domestic Product)

• GDP Per Capital Wealth

• Human Development Index

• Unemployment Rate

The United States is the richest country in the world if we measure wealth by GDP.

• True

• False

The total dollar amount of all final goods and services produced in a country in a year divided by the country's population is called ______.

• Literacy Rate

• GDP per capita

• Life Expectancy

• HDI (Human Development Index)