Political Economy Chapter 3 Quiz: Economic Systems and Market Analysis

The total dollar value of all government spending within a country

The total dollar value of all goods and services produced in a country over a specific time period (correct)

The total dollar value of all imports and exports of a country

The total dollar value of all investments made in a country

The total income earned by a country's businesses domestically

The total income earned by a country's citizens abroad

The income remitted by foreigners living in the country back to their home countries

The average income of a country's population (correct)

GDP growth rate only

Population growth rate

GNI per capita only

Both GDP and GNI growth rates (correct)

<p>It would suggest an increase in the final income of the country relative to its population</p> Signup and view all the answers

<p>They are linked to the overall health and growth potential of a country's economy</p> Signup and view all the answers

<p>GNI includes income remitted by foreigners living in the country back to their home countries</p> Signup and view all the answers