Economic Ups & Downs in Canada Quiz
Passage
•
History
•
10th Grade
•
Medium
Claire Piva
Used 1+ times
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10 questions
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1.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What is the Gross Domestic Product (GDP) a measure of?
Total value of goods and services produced in a country in a given year
Total population of a country
Total area of a country
Total number of industries in a country
2.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What is the GDP per capita used to measure?
A country's total production
A country's standard of living
A country's unemployment rate
A country's inflation rate
3.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What is productivity a measure of?
How much money is spent on goods and services
How many goods and services are produced
How many people are involved in the production of goods and services
How efficiently goods and services are produced
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
During the post-war period, from 1945 to 1970, which countries experienced good productivity growth?
Canada, Western Europe, Japan, and the U.S.
Canada and the U.S. only
Canada and Western Europe only
Western Europe and Japan only
5.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What caused the economic state known as 'stagflation' in the mid-1970s?
Weak growth and rising inflation
Strong growth and low inflation
Weak growth and low inflation
Strong growth and rising inflation
6.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What caused the decline in the Canadian economy in the early 1980s?
Low production of goods and services
Deep recession, high interest rates, unemployment, and inflation
Low investment in technology
Low demand for goods and services
7.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
What led to the bursting of the 'dot com bubble' in the late 1990s?
Rapid decrease in the demand for technology goods
Rapid increase in the production of technology goods
Rapid rise in stock prices of technology companies
Rapid drop in stock prices of technology companies
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