
Measuring Economic Activity
Authored by ERICA HORN
Business
8th Grade
Used 7+ times

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25 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
The portion of people in the labor force who are not working
productivity
unemployment rate
personal income
GDP per capita
2.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
How much (of a product or service ) someone can make in a given period of time (day, week year)
Productivity
Retail Sales
employment
unemployment rate
3.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
How many many components of GDP are measured?
4
3
5
2
4.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
Which of the following is NOT a component of GDP?
Consumer spending
Business Spending
Exports less the imports
Productivity
5.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
What is the measure of the total value of all final goods and services produced in a Country?
GDP
GDP per capita
Productivity
personal income
6.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
Alternating periods of expansion and contraction in the economy.
7.
MULTIPLE CHOICE QUESTION
30 sec • 4 pts
What does GDP stand for?
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