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First and Last Name: ___________________________________ DUE: Friday, October 16, 2015

A National Film Board of Canada Release: Who’s Counting? Marilyn Waring on Sex, Lies, and Global Economics

WRITE THE CAPITAL LETTER ON THE LINE NEXT TO THE NUMBER.

1_____ National Income Accounting does not have a debit side.

A. True

B. False

2_____ As long as the activity passes through the market it is good for growth.

A. True

B. False

3_____ GDP is utterly unrelated to the well-being of the community.

A. True

B. False

4_____ Economics does not have any relationship to the lives of people.

A. True

B. False

5_____ The International Labour Organization specifies that under _______________ year olds do not work.

A. 18

B. 16

C. 14

D. 10

6_____ Under the current economic system, women are seen to be at _______________ because much of the work they do is unpaid.

A. Leisure

B. Work

C. Neither of the Above

D. Both of the Above

7_____ Who adds to the growth of the GDP “unoccupied” Cathy the mother or “economically active” Ben the soldier?

A. Cathy

B. Ben

8_____ The UN System of National Accounts governs all our lives.

A. True

B. False

9_____ The UN System of National Accounts came from a pamphlet by John Maynard Keynes and Richard Stone entitled “British National Income and How to Pay for the _______________.”

A. Economy

B. War

C. Neither of the Above

D. Both of the Above

10_____ If there is not money exchange involved in the activity it does not get measured into the economic system.

A. True

B. False

11_____ International trade in _______________ is the biggest growth trade industry.

A. Food

B. Water

C. Sunscreen

D. Arms

12_____ The _______________ permanent members of the UN Security Council are also the _______________ leading arms exporters in the world.

A. 2, 2

B. 4, 10

C. 5, 5

D. 20, 30

13_____ Every minute _______________ children die from want of food and inexpensive vaccines.

A. 10

B. 20

C. 30

D. 40

14_____ Every minute $ 1.3 million of public treasuries around the world goes to military expenditures.

A. True

B. False

15_____ There are _______________ soldiers for every 100,000 and only _______________ doctors.

A. 556, 85

B. 11, 20

C. 1000, 1

D. 92, 8000

16_____ The average amount spent on each soldier in a country is $22,000 while only $380 is spent to educate each child.

A. True

B. False

17_____ The amount of money spent on armaments in just two weeks could provide safe drinking _______________ for the entire planet.

A. Food

B. Water

C. Sunscreen

D. Arms

18_____ Female sexual slavery is a major growth industry world wide.

A. True

B. False

19_____ Sexually exploited children are counted as productive and contribute to growth even if it is _______________.

A. Horrible

B. Dishonest

C. Illegal

D. Corrupt

20_____ Over 1 billion people in the world are malnourished.

A. True

B. False

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