
Unit 5 Test Review
Quiz
•
Social Studies
•
12th Grade
•
Easy
Caleb Martin
Used 5+ times
FREE Resource
36 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
The total value of all final goods and services produced in a country in a given year.
Gross Domestic Product
Consumer Price Index
Inflation
Unemployment
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the equation of GDP?
C + I + (X+N)
C + I + G
C + I + G + (X-N)
C + G + U + (X+N)
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the GDP equation, what does the 'C' stand for?
Consumer spending
Consumer income
Convoy
Consumer health
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the GDP equation, what does the 'I' stand for?
Intelligent spending
Investor spending
Incredible spending
Investment spending
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the GDP equation, what does the 'G' stand for?
Government taxes
Government spending
Government budget
Good Government
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the GDP equation, what does the 'X' stand for?
Extra Spending
Excellent
Exports
Extra Cool
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
In the GDP equation, what does the 'M' stand for?
Imports
Machines and Capital
Mal
Mixed economy
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