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Macroeconomics Quiz

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Questions and Answers

Which term refers to the expansion of an economy's production possibilities?

Determinants of productivity

GDP

Macroeconomics

Economic growth (correct)

What is the main measure used to assess economic growth?

Macroeconomics

Economic growth

GDP (correct)

Determinants of productivity

Which of the following is NOT a determinant of productivity?

Tech capital (correct)

Physical capital

Natural capital

Human capital

What does GDP measure?

<p>The market value of all products and services within a country</p> Signup and view all the answers

What does GDP exclude?

<p>All of the above</p> Signup and view all the answers

Macroeconomics Quiz

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Podcast

Questions and Answers

Which term refers to the expansion of an economy's production possibilities?

What is the main measure used to assess economic growth?

Which of the following is NOT a determinant of productivity?

What does GDP measure?

What does GDP exclude?

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