Due to…….the purchasing power of people deceases.
a) Unemployment
b) Inflation
c) illiteracy
d) Ignorance
……….is directly associated with the level of income of individuals.
a) Health
b) Technology
c) Standard of living
d) Population
The total value of all goods and services produced in one year, within a country, is called………..
a) GDP
b) GNP
c) HDI
d) EDI
High inflation is……………for economic development.
a) good
b) bad
c) neutral
d) terrible
The state where the individuals are unable to get jobs, is called……..
a) inflation
b) unemployment
c) education
d) health
Most of the people in the world live in……… countries.
a) developed
b) developing
c) under-developed
d) industrialized