
Learning Objectives: Economic Growth
Quiz
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others
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11th Grade
•
Practice Problem
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Easy
Daniel Winston
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23 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economic growth is defined as:
An increase in the output of goods and services in an economy over time.
A decrease in the population of a country.
A reduction in the number of businesses in an economy.
A decline in the standard of living of people.
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Short-term and long-term economic growth differ in their duration and underlying factors. Which of the following best describes this difference?
Short-term growth is influenced by temporary factors, while long-term growth is driven by sustained increases in productive capacity.
Short-term growth is always higher than long-term growth.
Long-term growth depends only on government spending, while short-term growth depends on exports.
Short-term growth is unrelated to economic policies, while long-term growth is entirely policy-driven.
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economic growth is important for governments and societies because it:
increases the standard of living and provides more resources for public services.
leads to higher unemployment rates.
reduces the availability of goods and services.
causes governments to lose control over the economy.
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Look at two graphs: 1. Rising GDP line 2. Flat GDP line. Which country is growing?
The country with the rising GDP line
The country with the flat GDP line
Both countries are growing
Neither country is growing
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Look at two graphs: 1. Rising GDP line 2. Flat GDP line What does that mean for its citizens?
A rising GDP line suggests improving economic conditions for citizens, while a flat GDP line suggests stagnant economic conditions.
A rising GDP line means citizens are losing jobs, while a flat GDP line means more jobs are created.
A rising GDP line means citizens have less access to goods, while a flat GDP line means more access.
A rising GDP line means higher taxes for citizens, while a flat GDP line means lower taxes.
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economic growth is defined as an increase in the output of goods and services over _____?
time
distance
weight
temperature
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Economic growth is measured using which of the following?
Consumer Price Index (CPI)
Gross Domestic Product (GDP)
Unemployment Rate
Balance of Trade
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