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Econ Unit 5

Authored by Charles Wilhelm

Social Studies

12th Grade

Used 24+ times

Econ Unit 5
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40 questions

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1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is this counted in the GDP of the US?

Cars made by a Japanese company in California.

Yes

No

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is this counted in the GDP of the US?

The materials (lumber, cement, bricks) used to build a house.

Yes

No

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is this counted in the GDP of the US?

A new home that was recently built.

Yes

No

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is this counted in the GDP of the US?

A farmer's purchase of a new tractor.

Yes

No

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is this counted in the GDP of the US?

A plumber's purchase of a two-year-old truck from Craigslist.

Yes

No

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Is this counted in the GDP of the US?

Willy's Mexican Grill purchases new fryers for their chips.

Yes

No

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In which part of the GDP calculation does this fit?

You spend $15 at AMC to see the latest Avengers movie.

Consumer spending

Government spending

Investment spending

Net exports

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