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Economic Growth Quiz 3 (20 MCQs)

Quiz Instructions

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1. Most countries measure economic growth each quarter
2. Which region of Europe has countries with a lower standard of living?
3. Investment in human capital and capital goods leads to:
4. What involves the training, skills, and healthcare of a country's workers?
5. More efficient production methods would be included in which measure of economic growth?
6. Which country specializes in natural gas?
7. Cattle ranching is important for Brazil's economy. However, large herds of cattle need lots of space to graze. Which of the following industries would MOST LIKELY suffer if cattle ranching expanded in Brazil?
8. Economic growth can be measured by ..... ?
9. Why decent work is important for people?
10. A literate person in a developed country is most likely to have all EXCEPT which item?
11. Which SE Asian country does not follow the regular theory that a high literacy rate usually equals a high standard of living?
12. Which European confederation has 23 official languages in order to help its members better communicate?
13. Is that what you earn before taxes and other expenses, or is that your ..... salary?
14. Israel's GDP per Capita is about $ 35, 000 while Turkey's is about $ 20, 000. Which country more than likely has a higher standard of living?
15. Which country's economy has the most government control out of all the countries in the world?
16. Patents and copyrights are forms protection by the government for
17. Which of the following is NOT a Slavic language?
18. Productive resources are used to make what?
19. The quantity and quality of a country's factors of production
20. What does it mean to have a decent job?
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