Understanding Wealth Metrics Across Countries

Understanding Wealth Metrics Across Countries

Assessment

Interactive Video

Business

9th - 10th Grade

Hard

Created by

Jennifer Brown

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which metric is used to determine the richest country in terms of economic output per person?

GDP per Capita

Happiness Index

Average Salary

Total GDP

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the GDP per capita of Luxembourg, making it the richest country by this metric?

$128,820

$186,000

$23 trillion

$106,000

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which sector significantly contributes to Luxembourg's economic success?

Agriculture

Financial Services

Tourism

Manufacturing

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country has the highest total GDP in the world?

Japan

Germany

China

United States

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a key factor in the United States' economic dominance?

Small population

Limited natural resources

Diverse economy

High tax rates

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which country is known for having the highest average salary?

Luxembourg

Monaco

Finland

United States

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is a potential downside of using average salary as a wealth metric?

It doesn't account for population size

It can be skewed by high earners

It ignores GDP

It is difficult to calculate

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