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5 Written questions

4 Multiple choice questions

  1. percentage change in the price of goods and services over the course of one year. Generally, as the price of goods rise, the buying power of money falls. This means that goods cost more as time goes on.
  2. The amount a country spends on education
  3. total value of all goods and services bought and sold in a year.
  4. per person

4 True/False questions

  1. Developed nationa country with a strong economy and high standard of living

          

  2. Expenditurestotal amount spent on healthcare by a country.

          

  3. Exportstotal amount of goods and services brought into a country from another country for sale.

          

  4. Unemployment ratepercentage change in the price of goods and services over the course of one year. Generally, as the price of goods rise, the buying power of money falls. This means that goods cost more as time goes on.