WorksheetsIM - Chapter 2
Total questions: 15
Worksheet time: 5mins
Name
Class
Date
1.
Some economic indicators include
a)
GDP
b)
Unmployment rates
c)
Inflation
d)
All of these
2.
GDP Stands For
a)
Greatest Domestic Product
b)
Gross Domestic Product
c)
Gross Domestic Produce
d)
Greatest Domestic Produce
3.
What is GDP also called?
a)
Gross Domotic Product
b)
Dollar Measure
c)
Economic Output
d)
Leisure Development
4.
Inflation shows..
a)
A general fall in prices
b)
The value of the economy
c)
A general rise in prices
d)
The rate of interest determined by the bank of England
5.
Unemployment is :
a)
Working age people who are llooking for a job but can't get one
b)
Anybody between 16 - 65 without a job
c)
People without a job
d)
People who are not in the workforce
6.
GNI is the abbreviation of ......
a)
gross national imports
b)
gross national index
c)
gross national income
d)
gross national independence
7.
GDP Per Capita
a)
Calculated by the total population
b)
Calculated by the amount of labor force
c)
Calculated by the Total Commerce
d)
Calculated by the amount of Unemployed
8.
Highest GNI per Capita in 2020
a)
USA
b)
Liechtenstein
c)
Qatar
d)
Singapore
9.
Highest GDP in 2020
a)
USA
b)
Liechtenstein
c)
China
d)
Japan
10.
Vietnam is considered a...
a)
Low-income Country
b)
Lower - Middle - Income Country
c)
Upper- Middle - Income Country
d)
High-Income Country
11.
what is the population of Vietnam?
a)
95.4 M
b)
85.2 M
c)
20.6 M
d)
120 M
12.
Who was the first billionaire in Vietnam?
a)
Pham Nhat Vuong
b)
Bill Gates
c)
Nguyen Thi Phuong Thao
d)
Ho Hung Anh
13.
Which countries are part of the BRICS economies?
a)
Belgium, Romania, Italy, China, Singapur
b)
Brazil, Russia, India, China, South Africa
c)
Brazil, Russia, Italy, China, Spain
d)
Borneo, Rwanda, Indonesia, Cuba, Sudan
14.
A country has a GNI per capita of $1,200 is it an LIC, MIC, or HIC?
a)
LIC
b)
MIC Incom
c)
HIC
15.
A Low Income Country is a country that has a GNI per capita of ...
a)
more than US$1045
b)
less than US$500
c)
between US$5000 & $6000
d)
less than US$1045
100 %
