
Unit 2 - Macroeconomic Indicator MC Practice
Authored by Eamonn Manion
Social Studies
12th Grade
Used 1+ times

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25 questions
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1.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
What is the value of GDP?
$550
$650
$750
$770
$790
2.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
What is the value of disposable income?
$750
$650
$550
$530
$510
3.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
The $750 of wages, profit, interest, and rent shown by the red arrow pointing into the factor markets box illustrates the calculation of GDP using which approach?
value-added
aggregate spending
expenditure
income
resource
4.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
What is the value of GDP?
$10,000
$11,600
$14,100
$15,100
$18,100
5.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
What is the value of net exports?
$3,500
$2,000
$1,500
$500
-$500
6.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Which of the following refers to a loan in the form of an IOU that pays interest?
stock
bond
disposable income
government transfer
investment
7.
MULTIPLE CHOICE QUESTION
3 mins • 1 pt
Investment spending includes spending on which of the following?
stocks
physical capital
inputs
services
reductions in inventories
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