Does anyone think this chart by xkcd should be in schools to help students understand money, taxes, expenses, income and other economic issues?

Does anyone think this chart by xkcd should be in schools to help students understand money, taxes, expenses, income and other economic issues?
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Answer :

answer:Could you post a link to the chart? I think such a chart could be an excellent teaching tool. OTOH, such a chart has quite a potential to be abused as a political tool to skew the opinions of our children (I believe the PC term is indoctrinate) towards a chosen socioeconomic viewpoint. Impossible to tell if this chart is an impartial teaching tool or a way to push the whole “evil capitalist” world view without actually seeing it.
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Description : Which of the following would not constitute an economic activity in Economics ? (1) A teacher teaching students in his college (2) A teacher teaching students in a coaching institute (3) A teacher teaching his own daughter at home (4) A teacher teaching students under Sarva Shiksha Abbiyan Scheme

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Last Answer : b. Income

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Description : Which is the most common method of measuring economic development? a. Profit loss b. Income c. Sales d. Import-export

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Which of the following explains the term economic growth? a. Increase in per capita production b. Increase in per capita real income c. structural change in the economy d. all the above are right

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Last Answer : (a) Increase in national income

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Description : The balance of payments equals (a) The difference between household spending over earnings (b) The difference between government expenditure over its income © A measure of the value of economic ... a country and rest of the world (d) The difference between inflation and unemployment.

Last Answer : © A measure of the value of economic transactions between residents of a country and rest of the world

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Description : Countries that depend mainly on the export of primary products for their income, are prone to (1) inflation (2) economic instability (3) increasing unemployment (4) stable economic growth

Last Answer :  increasing unemployment

The best Index of Economic Development is provided by: (1) Growth in Percapita Real Income from year to year. (2) Growth in National Income at Current Prices. (3) Growth in savings ratio. (4) Improvement in the Balance of Payments Position.

Description : The best Index of Economic Development is provided by: (1) Growth in Percapita Real Income from year to year. (2) Growth in National Income at Current Prices. (3) Growth in savings ratio. (4) Improvement in the Balance of Payments Position.

Last Answer : Growth in Percapita Real Income from year to year.