
Ap Macro Unit 2 Quiz
Authored by Jana Lane
Social Studies
12th Grade
Used 6+ times

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20 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What type of GDP is calculated with the current year's prices?
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
High levels of GDP per capita indicate...
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Expectant parents buy supplies for the nursery. Would this be included in GDP?
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The trade in exotic animals being illegally sold as pets is a multi-billion-dollar-a-year industry. Is this included in GDP?
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
If the GDP deflator is equal to 105, it means that...
GDP has decreased 5 percent
the inflation rate is 5 percent
GDP has increased 105 percent
the inflation rate is 105 percent
6.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
When inflation is high the _______________of the dollar decreases
7.
MULTIPLE CHOICE QUESTION
2 mins • 1 pt
If CPI goes from 100 to 300 and your salary goes from $100,000 to $200,000, what happened to your purchasing power?
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