ECONOMIC DEVELOPMENT 13TH EDITION BY
TODARO EXAMINATION TEST COMPLETE
QUESTIONS AND ANSWERS
◉ Gross National Income.
Answer: Total domestic and foreign output claimed by residents of a
country.
◉ Cold War.
Answer: Long term political tension and rivalry between United
States and Soviet Union.
◉ BRICS.
Answer: A group of developing nations: Brazil, Russia, India, China,
South Africa.
◉ Economic Development.
Answer: The process of improving the economic well-being and
quality of life for a community by creating and retaining jobs.
◉ Poverty.
,Answer: Low salaries and lack of jobs; also not having medicine,
food, and clothes.
◉ Famine.
Answer: Extreme scarcity of food affecting a population.
◉ Sustainable Development.
Answer: Development that meets the needs of the present without
compromising the ability of future generations to meet their own
needs.
◉ Economic Outlook.
Answer: The projected economic conditions of a country or region.
◉ Quality of Life.
Answer: The standard of health, comfort, and happiness experienced
by an individual or group.
◉ Human Development.
Answer: The process of improving people's freedoms and
opportunities and improving their well-being.
◉ Social Inequality.
, Answer: The unequal distribution of resources and opportunities
among different social groups.
◉ Public Health.
Answer: The health of the population as a whole, especially as
monitored, regulated, and promoted by the state.
◉ Clean Energy.
Answer: Energy that is produced with little or no impact on the
environment.
◉ Preventable Diseases.
Answer: Illnesses that can be avoided through preventive measures
such as vaccinations and healthy lifestyle choices.
◉ Gross Domestic Product (GDP).
Answer: Incomes accruing to residents from abroad, less income
earned in the domestic economy accruing to persons abroad.
◉ Gross Domestic Product.
Answer: Total final output of goods and services produced by the
country's economy, within the country's territory, by residents and
nonresidents regardless of its allocation between domestic and
foreign claim.
TODARO EXAMINATION TEST COMPLETE
QUESTIONS AND ANSWERS
◉ Gross National Income.
Answer: Total domestic and foreign output claimed by residents of a
country.
◉ Cold War.
Answer: Long term political tension and rivalry between United
States and Soviet Union.
◉ BRICS.
Answer: A group of developing nations: Brazil, Russia, India, China,
South Africa.
◉ Economic Development.
Answer: The process of improving the economic well-being and
quality of life for a community by creating and retaining jobs.
◉ Poverty.
,Answer: Low salaries and lack of jobs; also not having medicine,
food, and clothes.
◉ Famine.
Answer: Extreme scarcity of food affecting a population.
◉ Sustainable Development.
Answer: Development that meets the needs of the present without
compromising the ability of future generations to meet their own
needs.
◉ Economic Outlook.
Answer: The projected economic conditions of a country or region.
◉ Quality of Life.
Answer: The standard of health, comfort, and happiness experienced
by an individual or group.
◉ Human Development.
Answer: The process of improving people's freedoms and
opportunities and improving their well-being.
◉ Social Inequality.
, Answer: The unequal distribution of resources and opportunities
among different social groups.
◉ Public Health.
Answer: The health of the population as a whole, especially as
monitored, regulated, and promoted by the state.
◉ Clean Energy.
Answer: Energy that is produced with little or no impact on the
environment.
◉ Preventable Diseases.
Answer: Illnesses that can be avoided through preventive measures
such as vaccinations and healthy lifestyle choices.
◉ Gross Domestic Product (GDP).
Answer: Incomes accruing to residents from abroad, less income
earned in the domestic economy accruing to persons abroad.
◉ Gross Domestic Product.
Answer: Total final output of goods and services produced by the
country's economy, within the country's territory, by residents and
nonresidents regardless of its allocation between domestic and
foreign claim.