• National Income Accounting does not have a debit side.
• True
• False
• As long as the activity passes through the market it is good for growth.
• True
• False
• GDP is utterly unrelated to the well-being of the community.
• True
• False
• Economics does not have any relationship to the lives of people.
• True
• False
• The International Labour Organization specifies that under _______________ year olds do not work.
• 18
• 16
• 14
• 10
• Under the current economic system, women are seen to be at _______________ because much of the work they do is unpaid.
• Leisure
• Work
• Neither of the Above
• Both of the Above
• Who adds to the growth of the GDP "unoccupied" Cathy the mother or "economically active" Ben the soldier?
• Cathy
• Ben
• The UN System of National Accounts governs all our lives.
• True
• False
• The UN System of National Accounts came from a pamphlet by John Maynard Keynes and Richard Stone entitled "British National Income and How to Pay for the _______________."
• Economy
• War
• Neither of the Above
• Both of the Above
• If there is not money exchange involved in the activity it does not get measured into the economic system.
• True
• False
• International trade in _______________ is the biggest growth trade industry.
• Food
• Water
• Sunscreen
• Arms
• The _______________ permanent members of the UN Security Council are also the _______________ leading arms exporters in the world.
• 2, 2
• 4, 10
• 5, 5
• 20, 30
• Every minute _______________ children die from want of food and inexpensive vaccines.
• 10
• 20
• 30
• 40
• Every minute $ 1.3 million of public treasuries around the world goes to military expenditures.
• True
• False
• There are _______________ soldiers for every 100,000 and only _______________ doctors.
• 556, 85
• 11, 20
• 1000, 1
• 92, 8000
• The average amount spent on each soldier in a country is $22,000 while only $380 is spent to educate each child.
• True
• False
• The amount of money spent on armaments in just two weeks could provide safe drinking _______________ for the entire planet.
• Food
• Water
• Sunscreen
• Arms
• Female sexual slavery is a major growth industry world wide.
• True
• False
• Sexually exploited children are counted as productive and contribute to growth even if it is _______________.
• Horrible
• Dishonest
• Illegal
• Corrupt
• Over 1 billion people in the world are malnourished.
• True
• False