1) Which of the following does NOT have an abundance of natural resources?

Saudi Arabia

United States

Brazil

Hong Kong

2) Which of the following is a measure of economic growth?

the marginal change in nominal output divided by total output from the previous year

the annual percentage change in per capita real output of goods and services

the rate of business investment and capital formation

the advancement in the quality of a nation's technology

3) Which of the following is most likely to contribute to economic growth as measured by real GDP per capita?

rapid population growth

the imposition of tariffs and quotas on imported goods

increased capital formation

an increase in marginal tax rates

4) Which of the following is a measure of economic growth?

the marginal change in nominal output divided by total output from the previous year

the annual percentage change in per capita real output of goods and services

the rate of business investment and capital formation

the advancement in the quality of a nation's technology