
GDP and HDI
Authored by Ross Cornes
Business
11th - 12th Grade
Used 4+ times

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8 questions
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1.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The table gives information about four countries.
Which country has the lowest standard of living?
A
B
C
D
2.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
It was reported in 2011 that an economy had negative economic growth for six months in a row.
What would be evidence for such a situation?
an increase in GDP
an increase in profit levels
an increase in the level of unemployment
an increase in the standard of living
3.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
Why is the Human Development Index (HDI) often considered to be better than GDP per head as a measure of living standards?
GDP per head excludes economic growth.
GDP per head ignores population growth.
HDI includes more than the production of goods and services.
HDI is calculated by the national government.
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
What is most likely to cause economic growth?
a better educated workforce
a reduction in the right to own property
decreased wages
higher taxation
5.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
From 2012 to 2013, European economies experienced weak economic growth.
Based on the information on GDP, industrial production and unemployment in the table, which economy performed worst?
UK
Germany
Italy
Spain
6.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
The Human Development Index (HDI) measures more than just average incomes.
What are two additional measures it includes?
life expectancy
years of schooling
percentage unemployed
number of hospitals
poverty rate
years of schooling
years of schooling
access to clean water
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
The table shows some economic indicators for four countries. What can be concluded from the table?
high GDP growth occurred with low unemployment
high inflation occurred with high GDP growth
low GDP growth occurred with low inflation
low inflation occurred with high unemployment
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