Business

You can't sell people things that they don't want because of general....

make sure you know the....

GDP shows how much they are

know your...

One of the most important tolls used to measure the health of an economy is ?

• inflation

• supply and demand

• equilibrium

• Gross Domestic Product

GDP is the value of

• only goods

• all final goods and services sold

• only services

• immediate goods

To calculate GDP, the government adds up

• government spending

• investments and (exports-imports)

• all of the above

• consumer spending

In 2018, how much did the US produce in final goods and services (GDP)

• 12 billion dollars

• zero

• 9 trillion dollars

• 18.5 trillion dollars

The more GDP increases from one year to the next

• the healthier the economy is

• all of the above

• has no impact on the health of the economy

• the worst the economy is doing

If GDP decreases and is negative, this would mean that

• all of the above

• the economy is not healthy

• the are fewer jobs

• businesses are selling less