GDP Warm Up for Comparing Nations Intro

Remembering back to Unit 1, what is the correct formula for GDP?

• C+I+G+(X-M)

• C+X+G+(I-M)

• G+X+M+(C-I)

• I+X+M+(G-C)

In your own words, what is GDP?

The United States has the highest per capita GDP in the world

• True

• False

What is the GDP of the U.S.?

• 5 Trillion Dollars

• 12 Trillion Dollars appox

• Less Than 1 Trillion Dollars

• More than 20 Trillion Dollars

Other than the U.S., what countries are you most interested in?