AP Macro

AP Macro

12th Grade

10 Qs

quiz-placeholder

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AP Macro

AP Macro

Assessment

Quiz

Social Studies

12th Grade

Hard

Created by

Patricia White

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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

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

Yes - Consumer Spending
Yes - Investment 
No - Intermediate goods
No - Non-market activity

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The trade in exotic animals being illegally sold as pets is a multi-billion-dollar-a-year industry.  Is this included in GDP?

Yes - Consumer spending
Yes - Government Spending
No - Underground Economy 
No - Non-market activity 

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Each individual on food stamps in Florida can receive up to $194 a month. Is this included in government spending?

Yes - Government spending

Yes - Consumer Spending

No - Intermediate Goods

No - transfer payment

4.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Output per person, calculated as real GDP divided by the total population.   

GDP/Capita
GDP
Productivity  
Investment 

5.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Business spending on physical capital, new homes, and inventories is counted in which component of GDP?

consumption
investment
government spending
imports-exports

6.

MULTIPLE CHOICE QUESTION

3 mins • 1 pt

Which items are added together to get Gross Domestic Product?

Consumption, government spending, net exports, and treasury bonds
Consumption, Interest payments, government spending, and net exports
Consumption, aggregate demand, aggregate supply, and net exports
Consumption, investment, government spending, and net exports

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Mary Johnson purchases a laptop made in Japan. Determine the appropriate category of GDP.

Consumer spending

Investment spending

Not included

Net Exports

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