GDP

Which area is NOT part of GDP:

• Consumer sector

• Business Sector

• Government Sector

• Private Sector

A Japanese car company makes a new sedan in Kentucky. Which country's GDP is this added to?

• U.S.

• Japan

• U.S. and Japan

• China

• no answer

what does GDP stand for:

Which of the following is NOT part of GDP:

• a new car that is sold

• a teacher working in the classroom

• a used TV on Craigslist

• no answer

Which of the following are NOT in GDP:

• Secondhand Sales

• Retail Service

• Intermediate Goods

• Illegal Products

• all

Which of the following can NOT be used to evaluate inflation?

• PPI

• CPI

• GNP

• GDP Deflator

A new iPhone is made in China. What country's GNP does this count for?

• China

• U.S.

• U.S. and China

• Japan

What can be used to measure standard of living?

• GDP

• GNP

• CPI

• PPI

• GDP per capita

What does GNP stand for?

Name 3 factors that can increase GDP and how.