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Economic development



The following questions are included in the quiz:

1. In 2014, what country had the highest level of GDP per capita in terms of US dollars?
  1.  United States
  2.  Switzerland
  3.  Singapore
  4.  Luxembourg
  5.  Kuwait
  6.  Norway

2. In 2014, GDP per capita in the U.S. was about:
  1.  40,000 dollars
  2.  50,000 dollars
  3.  60,000 dollars
  4.  70,000 dollars
  5.  80,000 dollars

3. In 2014, GDP per capita in Malawi, one of the poorest countries in the world was about:
  1.  250 dollars
  2.  450 dollars
  3.  650 dollars
  4.  800 dollars
  5.  950 dollars

4. In 2014, the U.S. GDP was about:
  1.  13 trillion dollars
  2.  15 trillion dollars
  3.  17 trillion dollars
  4.  19 trillion dollars
  5.  21 trillion dollars

5. In 2014, the GDP of China was greater than the GDP of the US.
  1.  True
  2.  False
  3.  They were about the same

6. In 2014, what country had the third largest economy in the world?
  1.  Germany
  2.  United Kingdom
  3.  China
  4.  Japan
  5.  France

7. In 2014, India was one of the top ten economies in the world in terms of GDP.
  1.  True
  2.  False

8. In 2014, Brazil was one of the top ten economies in the world in terms of GDP.
  1.  True
  2.  False

9. Relatively poor countries grow their economies over time primarily by:
  1.  Achieving greater productivity
  2.  Expanding their work force and physical capital

10. Relatively rich countries grow their economies over time primarily by:
  1.  Achieving greater productivity
  2.  Expanding their work force and physical capital

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