Economic Geography Flashcards

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1
Q

The following four countries all rank among the top 10 countries in the world for the highest GDP per capita. Put them in order from highest to lowest . Switzerland, Ireland, Luxembourg, and Singapore.

A

Luxembourg, Singapore, Ireland, Switzerland

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2
Q

What was the unemployment rate in the USA in January 2023?

A

3.6%

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3
Q

It is well known that the racial gap in America is still extremely high. How much higher is the median net worth of white households compared to black households?

A

10 times

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4
Q

Which country has the highest average salary for teachers?

A

Luxembourg

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5
Q

The United States and China dominate the countries by GDP list , but which country has the highest GDP?

A

US

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6
Q

To the nearest trillion, what was the total GDP of the USA IN 2022?

A

21 trillion

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7
Q

Which country is third in GDP?

A

Japan

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8
Q

Which country is home to the most billionaires as of 2022?

A

China

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9
Q

America tops the list of most female billionaires, but what percentage of their total billionaires do they make up?

A

13%

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10
Q

Which US state is home to the most billionaires?

A

California

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11
Q

The international poverty line was updated in September 2022. What was the increase to?

A

$2.15

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12
Q

What percentage of the global population lives on less than $ 6.85 per day

A

50%

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13
Q

What is the federal minimum wage in America as of 2023?

A

$ 7.25

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14
Q

Between the years of 2010 and 2018, how much tax on their annual income did the wealthiest 400 families in America pay

A

8.2%

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15
Q

What percentage of global population lives under the poverty line, and are therefore considered to be living in extreme poverty.

A

8%

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16
Q

Brazil has the highest GDP OF South America , but which country has the 2nd highest?

A

Argentina

17
Q

Which of the following is the largest global industry by revenue in 2023?

A

Global Life & Health

18
Q

What is the average salary in UK as of January 2023 ?

A

29000 pounds

19
Q

What is the term used to describe the number of services or goods that a certain amount of money will buy at any given time ?

A

Purchasing power

20
Q

Approximately how much has the stock market gone up on average over the last century?

A

10%