How is economic growth measured?
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GDP growth
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Inflation
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Unemployment rate
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Gini coefficient
What is the purpose of expansionary fiscal policy?
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Boost economic growth
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Reduce inflation
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Restrict imports
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Reduce government debt
Which policy aims to control inflation?
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Expansionary fiscal policy
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Subsidy increase
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Contractionary monetary policy
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Tax cuts
What happens during economic recession?
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High growth
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Rising exports
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Falling employment and output
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High inflation only
Which factor affects consumer demand the most?
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Weather
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Culture only
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Income level
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Language
What does taxation mainly provide for society?
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Entertainment
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Personal savings
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Private profits
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Public services
Which is a social indicator of development?
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Budget deficit
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Stock market index
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Inflation rate
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Literacy rate
What is progressive taxation?
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Poor pay more tax
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Only businesses pay tax
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Everyone pays same tax
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Rich pay higher percentage
Which organization focuses on reducing global poverty?
What is the main goal of microfinance?
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Reduce imports
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Increase exports
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Support poor entrepreneurs
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Fund large industries
