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1、1. Anation'sstandardoflivingisbestmeasuredbyits a. realGDP. b. realGDPperperson. c. nominalGDP. d. nominalGDPperperson.ANSWER: bDIFFICULTY: EasyREFERENCES: EconomicGrowtharoundtheWorldLEARNING OBJECTIVES: ECON.MANK.007-Analyzethefactorsthataffectacountr
2、y'sgrowth.TOPICS: MeasuringoutputGrossdomesticproductKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 001.25.1-MC-MANK082. WhichofthefollowingcanbemeasuredbythelevelofrealGDPperperson? a. productivityandthestandardofliving b. productivitybutnotthestandardoflivi
3、ng c. thestandardoflivingbutnotproductivity d. neitherthestandardoflivingnorproductivityANSWER: cDIFFICULTY: ModerateREFERENCES: EconomicGrowtharoundtheWorldLEARNING OBJECTIVES: ECON.MANK.007-Analyzethefactorsthataffectacountry'sgrowth.TOPICS: Measurin
4、goutputGrossdomesticproductKEYWORDS: BLOOM'S:KnowledgeCUSTOM ID: 002.25.1-MC-MANK083. ThelevelofrealGDPperson a. differswidelyacrosscountries,butthegrowthrateofrealGDPperpersonissimilaracrosscountries. b. isverysimilaracrosscountries,butthegrowthrateofrea
5、lGDPperpersondifferswidelyacrosscountries. c. andthegrowthrateofrealGDPperpersonaresimilaracrosscountries. d. andthegrowthrateofrealGDPperpersonvarywidelyacrosscountries.ANSWER: dDIFFICULTY: EasyREFERENCES: EconomicGrowtharoundtheWorldLEARNING OBJECTIVES
6、: ECON.MANK.007-Analyzethefactorsthataffectacountry'sgrowth.TOPICS: MeasuringoutputGrossdomesticproductKEYWORDS: BLOOM'S:ComprehensionCUSTOM ID: 003.25.1-MC-MANK084. Asof2014,usingrealGDPperpersonasameasure,wewouldclassify a. theUnitedStatesandMexicoasa
7、dvancedeconomiesandBangladeshasamiddle-incomecountry. b. Canadaasanadvancedeconomy,Mexicoasamiddle-incomecountry,andPakistanasapoorcountry. c. JapanandIndiaasadvancedeconomiesandMexicoasapoorcountry.CopyrightCengageLearning.PoweredbyCognero.Page 20 d. Japan