Economics Quiz

Which of the following describes the population pyramid of a developed country?

• High birth rate, High death rate

• High birth rate, relatively low death rate

• Ageing population, Low birth rate, Low Death rate

• None of the above

What does a high Real GDP per capita indicate in a country?

• Low income

• High income

• Moderate income

• None of the above

What sector of the economy is predominant in underdeveloped countries?

• Tertiary

• Secondary

• Primary

• Mix of primary and secondary

In which type of country is the government provision on healthcare, education, and infrastructure the lowest?

• Developed

• Developing

• Underdeveloped

What factor does NOT directly contribute to living standards?

• Good Healthcare

• High Real GDP / income per capita

• Access to a cinema

• Good infrastructure

Which is NOT a dimension measured by the Human Development Index (HDI)?

• Income

• Climate

• Healthcare

• Education

How is healthcare measured in the HDI?

• Real GDP per capita

• Life Expectancy

• Average time spent in education

• None of the above

What describes Absolute Poverty?

• Income below the average income in the country

• Income below poverty line $2.15 per day

• Lack of resources to meet well-being and happiness

• Inability to afford basic necessities like food, shelter, and clothes

What is the main cause of Relative Poverty?

• Individual's income is below poverty line $2.15 per day

• Individual's income is below average income in the country

• Lack of access to Healthcare

• Lack of education

Which is NOT a direct cause of poverty?

• High inflation

• Corruption

• Wars and natural disasters

• Enjoyment of luxury goods