#1
Which of the following is a key indicator of economic growth?
#2
During which period did the Industrial Revolution primarily occur?
#3
What term is used to describe the total value of all final goods and services produced within a country's borders in a specific time period?
#4
Which of the following is NOT considered a factor of production in economics?
#5
What economic term describes the situation where the price of a good increases as its supply decreases?
#6
Which economist introduced the concept of 'creative destruction'?
#7
What is the Solow Growth Model primarily used to analyze?
#8
What is the primary factor driving economic growth according to the neoclassical growth theory?
#9
Which of the following is NOT a characteristic of sustainable economic growth?
#10
What economic theory emphasizes the importance of demand-side policies such as government spending to stimulate economic growth?
#11
Which country experienced the 'Asian Tiger' phenomenon characterized by rapid economic growth in the late 20th century?
#12
Who developed the concept of the 'Golden Rule' savings rate in economics?
#13
Which country experienced hyperinflation during the early 20th century, leading to the adoption of a new currency?
#14
Who proposed the theory of 'convergence' in economics, suggesting that poorer countries tend to grow faster than richer ones?
#15