1.2.3 - International Comparison
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Practice Questions
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What does national income measure?
💡 Hint: Think about what it includes and when it is measured.
Why do countries compare their national incomes?
💡 Hint: Consider the implications of economic health.
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Interactive Quizzes
Quick quizzes to reinforce your learning
What does national income primarily measure?
💡 Hint: Think about all production factors.
True or False: A higher national income always indicates a higher standard of living.
💡 Hint: Consider the differences between average income and actual living conditions.
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Challenge Problems
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Evaluate how a sudden increase in national income impacts a country's policy decisions regarding education and healthcare.
💡 Hint: Consider how additional funds could address public needs.
Construct a comparative analysis between two countries with different national incomes and their respective investment attractiveness.
💡 Hint: Think about what investors look for beyond simple income figures.
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