A GOOD LIFE QUIZ You have the time it takes for the music to finish to work out the answer to the multi-choice question Which of the following policies.

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Presentation transcript:

A GOOD LIFE QUIZ You have the time it takes for the music to finish to work out the answer to the multi-choice question Which of the following policies might reduce both the rate of inflation and the positive output gap? Press ‘space’ to begin

7th 4th 5th 10th QUESTION 1 A A B B C C D D According to the IMF, where does the UK rank in the world in terms of the size of its economy? C C D D 5th 10th

7th 4th 5th 10th QUESTION 1 A B C D According to the IMF, where does the UK rank in the world in terms of the size of its economy? C D 5th 10th USA, China, Japan and Germany have larger economies than the UK (although France is very close!)

10th 5th 8th 15th QUESTION 2 A A B B C C D D According to the OECD, where does the UK rank in the world in terms of average pay for its citizens? C C D D 8th 15th

10th 5th 8th 15th QUESTION 2 A A B B C C D D According to the OECD, where does the UK rank in the world in terms of average pay for its citizens? C C D D 8th 15th Note: There is not a direct correlation between the size of an economy and how wealth is shared out within that economy

Which of these organisations is the largest employer in the UK? B B British Army NHS QUESTION 3 Which of these organisations is the largest employer in the UK? C C D D BBC Network Rail

Which of these organisations is the largest employer in the UK? B B British Army NHS QUESTION 3 Which of these organisations is the largest employer in the UK? C C D D BBC Network Rail The top 10 employers in the UK are all public sector (government funded) organisations.

QUESTION 4 UK USA Germany Luxembourg A A B B C C D D According to the OECD which of these is the most productive country in the world? C C D D Germany Luxembourg

The UK ranks 15th in the world! B B UK USA QUESTION 4 According to the OECD which of these is the most productive country in the world? C C D D Germany Luxembourg The UK ranks 15th in the world!

QUESTION 5 France Spain Germany Switzerland A A B B C C D D Which of these countries has a lower overall tax burden on its citizens than the UK? C C D D Germany Switzerland

QUESTION 5 France Spain Germany Switzerland A A B B C C D D Which of these countries has a lower overall tax burden on its citizens than the UK? C C D D Germany Switzerland Approximately 40% of earnings are given back to the UK government either through income tax or tax on goods and services.