Macro: GDP

Macro: GDP

9th - 12th Grade

11 Qs

quiz-placeholder

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Macro: GDP

Macro: GDP

Assessment

Quiz

Social Studies

9th - 12th Grade

Practice Problem

Medium

Created by

Trent Goldsmith

Used 118+ times

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11 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

What is this current unit about?

fiscal and monetary policy

economic indicators

taxes and subsidies

money, investment, and savings

2.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

Which indicator: total value of all final goods and services produced within a country's borders within a given period of time.

Gross Domestic Product (GDP)

Unemployment

Consumer Price Index/Inflation

Fiscal and Monetary Policy

3.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

Which of the following is the GDP equation?

C + I + G- NX

K + F+ C

C- I- G- NX

C + I + G + NX

4.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

Which component of GDP represents you and is the largest (almost 70% of expenditures)?

C

I

G

NX

5.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

When Amazon buys a new delivery truck fleet, what component of the GDP equation is this?

C

I

G

NX

6.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

NX represents

net imports

imports-exports

exports-imports

a trade surplus

7.

MULTIPLE CHOICE QUESTION

10 sec • 1 pt

Media Image

The only negative in the GDP equation is

C

I

G

NX

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