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Europe Economics
Test Description: Econ of UK, Russia, and Germany
Instructions: Answer all questions to get your test result.
1) Most economies lean one way but All economies are a
A
market economy
B
mixed economy
C
traditional economy
D
command economy
2) Soviet Union Econ. was
A
democracy
B
traditional
C
Market
D
command
3) Current Russia Federation Econ. is
A
market
B
traditional
C
democracy
D
command
4) Great Britain economy leans toward
A
Communist
B
traditional
C
controlling command
D
free market
5) Germany Literacy rate is near
A
55%
B
20%
C
100%
D
80%
6) Surplus
A
is a German word for buisness
B
leader of Russia
C
to start and own your own business
D
extra money to spend when everything is paid off
7) If your country has a high GDP and a high literacy rate, most likely your standard of living will be
A
surplus
B
high
C
low
D
average
8) United Kingdom has a GDP of around
A
$20,000
B
$40,000
C
$60,000
D
$100,000
9) Soviet Union workers made wages decided by
A
the Governmnet
B
themselves
C
people buying the products
D
president of the company
10) Currency used in Russia
A
pound
B
ruble
C
euro
D
dollar
11) Germany uses Euros now, but they used to use
A
ruble
B
dollar
C
pound
D
mark
12) One of Germany's main exports are
A
fruits
B
vegetables
C
cars
D
cattle
*select an answer for all questions
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