Q. Which of the following is NOT one of the United States’ largest trading partners?
a) China
b) Mexico
c) Brazil
d) Japan
Q. What is the position of the United States in global trade?
a) Largest importer and largest exporter
b) Second-largest importer and largest exporter
c) Largest importer and second-largest exporter
d) Second-largest importer and second-largest exporter
Q. The United States is the world’s largest exporter of which category?
a) Agricultural products
b) Electronics
c) Services
d) Automobiles
Q. Which country has the highest average household and employee income among OECD member states?
a) Canada
b) Germany
c) Australia
d) United States
Q. In 2023, the United States had the _____ highest median household income.
a) First
b) Second
c) Third
d) Fourth
Q. What was the ranking of the U.S. in median household income in 2013?
a) Fourth
b) Fifth
c) Sixth
d) Seventh
Q. The U.S. economy is primarily driven by:
a) Government spending
b) Industrial exports
c) Foreign investments
d) Consumer spending
Q. What was the total personal consumption expenditure in the U.S. in 2023?
a) $10 trillion
b) $15.2 trillion
c) $18.5 trillion
d) $21 trillion
Q. The United States has the world’s largest:
a) Industrial output
b) Manufacturing sector
c) Consumer market
d) Trade surplus
Q. In 2023, how many billionaires were there in the United States?
a) 500
b) 635
c) 700
d) 735