In one particular year, South Sudan's population growth was 1.3% while its GDP growth was 2%. What is the most likely consequence of this?
GDP per capita will decrease
the rate of inflation will decrease
the standard of living will increase
unemployment will increase
C
What best describes relative poverty?
A 12-year-old boy has never been able to access a doctor or school.
A person earns less than the minimum defined level of income.
A person has a lower living standard than the minimum level acceptable in a society.
A person is unable to afford the basic necessities of life.
C
A country has a falling birth rate and a rising death rate, while an increasing number of its working age adults (16-60 years) are seeking employment abroad.
How is this likely to affect the numbers in the different age groups in the country?
under 16 years
16-60 years
over 60 years
fall
fall
fall
fall
rise
rise
rise
fall
rise
rise
rise
fall
A
In many high-income economies, increasing income inequality has led to greater levels of poverty.
Which combination of policies would aim to reduce income inequality?
fiscal policy
supply-side policy
decrease corporation tax
create more competition
increase income tax
reduce the power of trade unions
increase inheritance tax
increase the national minimum wage
increase sales tax
privatise more public sector firms
C