GDP and GNP Simple
Authored by Stephon Felmine
Business
6th - 8th Grade
Used 10+ times
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5 questions
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1.
FILL IN THE BLANK QUESTION
45 sec • 1 pt
_________ is the total goods and services produced within the land and maritime boundaries of a country.
2.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
GNP is
Money made by businesses in a country
The total money earned by the government
Money earned in the country PLUS money earned by businesses owned by the country and its citizens around the world.
The total output of the manufacturing sector
3.
MULTIPLE CHOICE QUESTION
45 sec • 1 pt
What is the major difference between GDP and GNP?
Cost and Revenue
Profit and Loss
Goods and Services
Money earned locally and money earned locally and internationally
4.
MULTIPLE CHOICE QUESTION
1 min • 1 pt
James is citizen of Trinidad and Tobago. He owns a chocolate factory in England. The output/money made by that chocolate factory will be measured in which country's GNP?
England
France
Jamaica
Trinidad and Tobago
5.
FILL IN THE BLANK QUESTION
1 min • 1 pt
Stephon is a citizen of Barbados and owns a music store in Barbados. The output of the store is known as ________ and the country in which it will be recorded is _________
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