5.2: Economic Growth

13 August 2023
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10 test answers

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question
The graph shows date for the years 2010 through 2012. Which might be a better title for this graph?
answer
Total Exports for the United States and China
question
The graph shows merchandise export date for the years 2010 through 2012. Which statement most accurately describes the information presented on the graph?
answer
China exported more goods than the United States from 2010 to 2012.
question
Which unemployment rate do most economists consider to be acceptable?
answer
5 percent
question
Which describes a factor that limits economic growth?
answer
having low internal demand
question
The circle graph shows the GDP in Germany for 2012. Which sector of Germany's economy had the highest GDP?
answer
services
question
An increase in gross domestic product (GDP) is a sign that a country's economy is
answer
growing
question
The map shows GDP per capita in the United States for a given year. What conclusion can someone draw from the map?
answer
States with the lowest per capita GDP tend to be in the South.
question
These circle graphs show information about Bolivia's workforce and GDP. What do the graphs indicate about Bolivia's labor force?
answer
Many people in Bolivia work in agriculture.
question
Economic growth takes place when a country
answer
produces more goods and services (?)
question
Jim lost his job in a car assembly factory to a robot and his skills will no longer be needed. Which terms can be used to describe Jim? Check all that apply.
answer
Structurally unemployed (4), Unemployed (6)