Economic & Social Indicators Quiz

What do economic indicators help assess?

• Environmental impact

• Political stability

• Economic performance

• Cultural performance

Which of the following is NOT an economic indicator?

• Inflation rate

• Life expectancy

• Real GDP

• Interest rates

What does GDP per capita indicate?

• Inflation rate

• Population growth

• Employment levels

• Scale of national output

Which indicator measures price stability?

• CPI

• Productivity

• Unemployment rate

• GDP

What do social indicators capture?

• Government policies

• Economic growth

• Market trends

• Quality of life

Which of the following is a social indicator?

• Inflation rate

• GDP growth

• Interest rates

• Life expectancy

What is a key link between economic and social indicators?

• Social indicators are irrelevant to economic performance

• Economic indicators are only for developed countries

• Economic growth guarantees social gains

• Strong economic performance often improves social indicators

What does high unemployment indicate about the economy?

• Strong economic growth

• Weak labor market health

• High productivity

• Low inflation

What is the purpose of collecting data from Stats SA?

• To promote tourism

• To create entertainment content

• To analyze trends

• To influence politics

Which of the following is a suggested data source for economic indicators?

• Department of Health

• Department of Basic Education

• Department of Labour

• Department of Culture