题目内容

The _____ adjustment allows for a more direct comparison of living standards in different countries.

A. gross domestic product
B. value added
C. gross national income (GNI)
D. purchasing power parity (PPP)

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GNI and PPP data are useful because they provide a _____ of economic development.

A. dynamic analysis
B. cross-sectional view
C. static analysis
D. global view

In a _____, the state owns all means of production.

A. mixed economy
B. planned economy
C. market economy
D. totalitarian state

The economic freedom associated with a _____ creates greater incentives for innovation and entrepreneurship than either a planned or a mixed economy.

A. mixed economy
B. planned economy
C. market economy
D. command economy

Which of the following is a legal means by which the state can expropriate the profits from innovation?

A. Demands for money to grant alicense
B. Expropriation
C. Enforcing property rights
D. Excessive taxation

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