
GDP Quiz
Quiz
•
History
•
12th Grade
•
Hard
Maryann Johnson
FREE Resource
Enhance your content in a minute
15 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Is this counted in the GDP of the US?
Cars made by a US company in South Korea.
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
5 mins • 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?
Yes - Consumer spending
Yes - Government Spending
No - Underground Economy
No - Non-market activity
4.
MULTIPLE CHOICE QUESTION
5 mins • 1 pt
A higher GDP generally correlates to a(n) ___________ standard of living.
higher
lower
unrelated
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the total value of all final goods and services produced in the economy in a given year?
Unemployment rate
Supply and Demand
GDP
Communism
6.
MULTIPLE CHOICE QUESTION
30 sec • 5 pts
GDP per capita takes into consideration:
Inflation
Population
Prices
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
According to this image, the United States exported 200 billion in goods and services, and imported 150 billion. This category is what part of GDP?
Household Consumption/ C
Business Investment/ I
Government Purchases/ G
Net Exports/ NX
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