Economic Growth

Question 1

To help encourage economic growth, a country can

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invest in research and development.

Question 2

Sometimes an economy cannot grow because of external factors, such as

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low demand for exports.

Question 3

The graph shows unemployment rates in the United States in recent years.Which statement is the most accurate explanation of the information on the graph?

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The United States suffered an economic downturn starting in 2009.

Question 4

An increase in gross domestic product (GDP) is a sign that a country’s economy is

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growing.

Question 5

When economists determine that a nation’s GDP has declined, they can point to this as a sign of

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economic shrinkage.

Question 6

The map shows GDP per capita in the United States for a given year.What conclusion can someone draw from the map?

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States with the lowest per capita GDP tend to be in the South.

Question 7

The graph shows data for the years 2010 through 2012.Which might be a better title for this graph?

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Total Exports for the United States and China

Question 8

Economists use gross national product (GNP) to measure

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the output of a nation’s citizens, regardless of where they are.

Question 9

These circle graphs show information about Bolivia’s workforce and GDP.Which statement summarizes the information on these graphs?

Revolt · Accepted Answer

Many Bolivians are farmers, but agriculture makes a modest contribution to the GDP.

Question 10

Which unemployment rate do most economists consider to be acceptable in the United States?

Revolt · Accepted Answer

5 percent

Economic Growth Answers

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