GDP Quiz

GDP Quiz

9th Grade

•

30 Qs

quiz-placeholder

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GDP Quiz

GDP Quiz

Assessment

Quiz

•

Geography

•

9th Grade

•

Practice Problem

•

Medium

Created by

Whitney Dubuc

Used 7+ times

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30 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is included in the GDP formula?

Consumer Spending

Personal Savings

Foreign Aid

Charitable Donations

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

How is GDP calculated using the simple formula provided?

GDP = Consumer Spending + Business Investment + Government Spending + (Exports - Imports)

GDP = Consumer Spending + Business Investment + Government Spending - (Exports + Imports)

GDP = Consumer Spending - Business Investment + Government Spending + (Exports + Imports)

GDP = Consumer Spending + Business Investment - Government Spending + (Exports - Imports)

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If consumer spending is $5 trillion, business investment is $2 trillion, government spending is $3 trillion, and net exports are $1 trillion, what is the GDP?

$11 trillion

$10 trillion

$9 trillion

$12 trillion

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What type of industry does manufacturing belong to?

Primary

Secondary

Tertiary

Quaternary

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which industry is involved in providing services like healthcare and education?

Primary

Secondary

Tertiary

Quaternary

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the employment rate?

Percentage of people actively looking for work but haven’t found jobs

Percentage of working-age people who have jobs

Percentage of people who are self-employed

Percentage of people working in the gig economy

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is considered part-time employment?

Working more than 40 hours/week

Working less than 40 hours/week

Working exactly 40 hours/week

Working only on weekends

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