Gross Domestic Product
Presentation
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Social Studies
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11th Grade
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Practice Problem
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Medium
Levi Haliday
Used 4+ times
FREE Resource
10 Slides • 4 Questions
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Multiple Choice
In 2015, net exports was a negative number. What does this say about the relative amounts of exports and imports?
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Multiple Choice
Did households (consumption), businesses (Investments), or the government contribute the most to U.S. GDP in 2015?
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Multiple Choice
Nominal GDP states GDP in terms of the current value of goods and services.
Real GDP states GDP corrected for changes in prices from year to year
About how much did nominal GDP increase from 1995 to 2005?
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Multiple Choice
Nominal GDP states GDP in terms of the current value of goods and services.
Real GDP states GDP corrected for changes in prices from year to year
About how much did real GDP increase over the same period?
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