5 Written questions
4 Multiple choice questions
- level of lifestyle. Shows wealth, material goods, services, necessities, and relative level of comfort that a population has.
- per person
- percent of the population in a country that is without a job.
- a country with a weak economy and a low standard of living
4 True/False questions
Imports → total amount of goods and services brought to a country from another country for sale.
Inflation rate → 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.
Gross Domestic Product → percent of the population in a country that is without a job.
Developed nation → a country with a strong economy and high standard of living