2025: DBQ: GDP? Hook/ BGE

Gross Domestic Product includes the market value of all FINAL goods and services produced within a country during a given period of time.

• True

• False

Intermediate goods, used goods, and illegal goods are ____________ in a countries Gross Domestic Product(GDP).

• included

• excluded

A company putting its money towards expanding its business. An example of this would be a construction company buying new trucks and other heavy equipment to improve production.

• Household Consumption/ C

• Business Investment/ I

• Government Purchases/ G

• Net Exports/ NX

Over half of the spending of the _______________ include programs like Medicare, Social Security & Unemployment.

• Household Consumption/ C

• Business Investment/ I

• Government Purchases/ G

• Net Exports/ NX

According to this image, the United States exported 200 billion in goods and services, and imported 150 billion. This category is what part of GDP?

• Household Consumption/ C

• Business Investment/ I

• Government Purchases/ G

• Net Exports/ NX

A British company purchases a one-year membership to PartyFolks.com, a U.S. based company

• GDP increases
• GDP decreases
• No change

The U.S. Government hired 10 Chinese-language experts, from a Chinese company based in China, to train U.S. Workers.

• GDP increases

• GDP decreases

• No change

What does Per Capita Mean?

• Per Household

• Per Object

• Per Worker

• Per Person

GDP per capita is found by dividing a country's GDP by it's

• population.

• average birth rates.

• number of households.

According to this graph from the powerpoint, what country has the highest per capita GDP?

• Canada

• USA

• Mexico