Economic Growth Answers
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Which describes a factor that limits economic growth?
A
making investmentsB
developing technologyC
engaging in tradeD
having low internal demand22
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Which unemployment rate do most economists consider to be acceptable in the United States?
A
0 percentB
5 percentC
10 percentD
20 percent23
An increase in gross domestic product (GDP) is a sign that a country’s economy is
A
declining.B
stagnant.C
growing.D
depressed.24
These circle graphs show information about Bolivia’s workforce and GDP.Which statement summarizes the information on these graphs?
A
Many Bolivians are farmers, but agriculture makes a modest contribution to the GDP.B
Industry in Bolivia has grown faster than the labor force can supply workers.C
Bolivia has invested large sums of money into education to encourage economic growth.D
Bolivia must depend on agriculture to have a healthy economic future.Did you find these answers helpful?
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