econ 4.docx - Question 1 Incorrect 0 points out of 1 Flag question Question text As referenced in\"Measuring Wealth GDP Which country was NOT above the

econ 4.docx - Question 1 Incorrect 0 points out of 1 Flag...

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Question 1 Incorrect 0 points out of 1 Flag question Question text As referenced in "Measuring Wealth: GDP": Which country was NOT above the $2 trillion threshold? Select one: a. Italy b. Australia c. Japan d. China e. United States Question 2 Correct 1 points out of 1 Flag question Question text GDP per capita is the sum total of all goods and services produced and sold in country in a calendar year. Select one: True False Question 3 Correct 1 points out of 1
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Flag question Question text As referenced in "Measuring Wealth: GDP": Which of the following is mentioned in the video as a better way to measure wealth? Select one: a. Human development index b. Gross national happiness c. Gross domestic product d. Gross domestic product per capita e. Both A and B Question 4 Correct 1 points out of 1 Flag question Question text Which of the following is included in GDP per capita? Select one: a. Health b. Education c. Happiness d. Personal freedoms e. Exports Question 5 Correct 1 points out of 1
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Flag question Question text As referenced in "Measuring Wealth: GDP": Why is it problematic to use GDP per capita as an indicator of standard of living? Select one: a. Based on legitimate consumption b. Consumption based measure c. Does not account for wealth disparity d. All of the above e. None of the above Question 6 Correct 1 points out of 1 Flag question Question text As referenced in "Measuring Wealth: GDP": What did the Professor call the effect that extremely rich individual citizens have on the calculation of GDP per capita? Select one: a. The Steve Jobs effect b. The Donald Trump effect c. The Bill Gates effect d. The Rockefeller effect e. A travesty Question 7 Correct 1 points out of 1
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Flag question Question text As referenced in "Measuring Wealth: GDP": Which of the following countries does NOT have a low GDP per capita? Select one: a. China b. Nigeria c. Canada d. India e. None of the above Question 8 Correct 1 points out of 1 Remove flag Question text HDI includes all of the following except: Select one: a. Life expectancy b. Education levels c. Diet d. Infant mortality e. Happiness Question 9 Correct 1 points out of 1
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Flag question Question text As referenced in "Measuring Wealth: GDP": Which country referenced by name has a decent GDP and even a high GDP per capita, despite the vast majority of people in the state actually being desperately poor? Select one: a. Italy b. Botswana c. Mexico d. Equatorial Guinea e. Colombia Question 10 Correct 1 points out of 1 Flag question Question text According to "Other Monetary Matters": Which of these is a “Rising Regional Powerhouse”? Select one: a. France b. Mexico c. United States d. Indonesia e. Ukraine Question 11 Correct 1 points out of 1
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Flag question Question text As referenced in "Other Monetary Matters": China has had an economic growth rate of __________ multiple times in the last decade.
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  • Summer '19
  • Economics, gross domestic product

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