Team 1
0
Team 2
0
Teams
Name
Score
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Loading
×
trap
No points!
Oops!
×
seesaw
Swap points!
Okay!
×
rocket
Go to first place!
Okay!
×
baam
Lose 25 points!
Oops!
15
×
Equilibrium income in a four-sector economy
Oops!
Check
Okay!
Check
15
×
List all injections.
investment, government spending, exports
Oops!
Check
Okay!
Check
15
×
Taxation sign (1 char)
T
Oops!
Check
Okay!
Check
15
×
Exports sign (1 char)
X
Oops!
Check
Okay!
Check
×
thief
Give points!
5
10
15
20
25
×
seesaw
Swap points!
Okay!
×
shark
Other team loses 20 points!
Okay!
×
thief
Give points!
5
10
15
20
25
15
×
Give economic reason for inequality of income or wealth
poor infrastructure, poor vocational training, lack of employment opportunities, low rate of savings
Oops!
Check
Okay!
Check
15
×
What is value added?
The difference between the price a firm pays for the goods and services it buys from other firms and the price it sells its product for.
Oops!
Check
Okay!
Check
15
×
What is the Gini coefficient?
It is a numerical measure of the extent of income inequality in an economy.
Oops!
Check
Okay!
Check
15
×
List all leakages
Import, taxation, saving
Oops!
Check
Okay!
Check
15
×
What are the methods of measuring GDP?
output method, income method, expenditure method.
Oops!
Check
Okay!
Check
15
×
Saving sign (1 char)
S
Oops!
Check
Okay!
Check
15
×
A rise in investment in a two-sector economy
Oops!
Check
Okay!
Check
15
×
Investment sign (1 char)
I
Oops!
Check
Okay!
Check
15
×
Impact of a rise in taxation on equilibrium income in a four-sector economy
Oops!
Check
Okay!
Check
×
thief
Give points!
5
10
15
20
25
×
fairy
Take points!
5
10
15
20
25
×
rocket
Go to first place!
Okay!
×
thief
Give points!
5
10
15
20
25
×
Restart
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