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IB_Session 3

Authored by Tien Nguyen

Business

University

Used 2+ times

IB_Session 3
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20 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

GDP allows a more direct comparison of living standards in different countries than other measures.

True
False

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

GDP is one of the measures used by the Human Development Index (HDI) to measure the quality of human life in different nations.

True
False

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In a totalitarian country, there are safeguards to protect an individual's right to freedom of expression, opinion, and organization.

True
False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a country's economy is to sustain long-term economic growth, the business environment must be conducive to innovations and entrepreneurial activity.

True
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Product liability sets certain safety standards to which a product must adhere.

True
False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In mixed economies, governments tend to take into state ownership troubled firms whose continued operation is thought to be vital to national interests

True
False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A theocratic law system is one in which the law is based on religious teachings.

True
False

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