Expectant parents buy supplies for the nursery. Would this be included in GDP?

AP Macro GDP

Flashcard
•
Social Studies
•
12th Grade
•
Hard
Quizizz Content
FREE Resource
Student preview

14 questions
Show all answers
1.
FLASHCARD QUESTION
Front
Back
Yes - Consumer Spending
2.
FLASHCARD QUESTION
Front
Is the amount received by each individual on food stamps in Florida included in government spending?
Back
No - Transfer Payment
3.
FLASHCARD QUESTION
Front
Which of the following would not affect the size of real GDP? Consumer purchase of a new car for personal use., Government purchase of a new car for the military, Consumer purchase of a rare renaissance painting., Business purchase of a new car for a delivery vehicle.
Back
Consumer purchase of a rare renaissance painting.
4.
FLASHCARD QUESTION
Front
Which of the following is included in the calculation of the US GDP:
The money that consumers save when using coupons,
the benefit society receives from a cleaner environment,
online purchases of used products,
a computer produced in China by a US owned company,
a plane produced in the US but sold in Mexico?
Back
a plane produced in the US but sold in Mexico
5.
FLASHCARD QUESTION
Front
What are the four main parts of the circular flow diagram? Options: Product Market, Stock Market, Factor Market, Fish Market; Product Market, House Market, Factor Market, Good Market; Factor Market, Product Market, Households, Firms; Factor Market, households, Stock Market, super market
Back
Factor Market, Product Market, Households, Firms
6.
FLASHCARD QUESTION
Front
Which of the following describes a machine used to produce a product? Land, Labor, Capital, Entrepreneurship
Back
Capital
7.
FLASHCARD QUESTION
Front
According to the circular flow model where can you buy and sell a haircut?
Back
The Product Market
Create a free account and access millions of resources
Similar Resources on Wayground
10 questions
CP Economics Terms Flashcard #4 31-40

Flashcard
•
12th Grade
15 questions
GDP 2024

Flashcard
•
11th Grade
13 questions
Economic Indicators- GDP

Flashcard
•
12th Grade
10 questions
Econ Mod 10 & 11 Vocab 1

Flashcard
•
12th Grade
14 questions
GDP "Yes or No" Review

Flashcard
•
12th Grade
13 questions
Macro #2: Unemployment & Inflation

Flashcard
•
12th Grade
9 questions
Unit 7 Test Review

Flashcard
•
12th Grade
13 questions
GDP Vocab

Flashcard
•
11th - 12th Grade
Popular Resources on Wayground
25 questions
Equations of Circles

Quiz
•
10th - 11th Grade
30 questions
Week 5 Memory Builder 1 (Multiplication and Division Facts)

Quiz
•
9th Grade
33 questions
Unit 3 Summative - Summer School: Immune System

Quiz
•
10th Grade
10 questions
Writing and Identifying Ratios Practice

Quiz
•
5th - 6th Grade
36 questions
Prime and Composite Numbers

Quiz
•
5th Grade
14 questions
Exterior and Interior angles of Polygons

Quiz
•
8th Grade
37 questions
Camp Re-cap Week 1 (no regression)

Quiz
•
9th - 12th Grade
46 questions
Biology Semester 1 Review

Quiz
•
10th Grade