
GDP Trade
Authored by 財務金融學院博士班麥永竑 財務金融學院博士班麥永竑
Mathematics
University
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10 questions
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1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What are the components of GDP?
Consumption, Investment, Government Spending, Net Exports
Exports, Imports, Savings, Taxes
Consumption, Exports, Imports, Government Spending
Investment, Taxes, Net Exports, Savings
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Explain the importance of GDP in a country's economy.
GDP is important in understanding the overall economic performance and well-being of a country.
GDP is only relevant for small countries
GDP has no impact on the economy
GDP is a measure of population growth
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How is GDP growth rate calculated?
GDP growth rate = ((GDP present period - GDP previous period) / GDP previous period) * 100
GDP growth rate = (GDP present period / GDP previous period) * 100
GDP growth rate = (GDP present period - GDP previous period) / GDP previous period
GDP growth rate = (GDP present period + GDP previous period) / GDP previous period
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Define externality in the context of GDP.
The measurement of GDP based on individual transactions
The impact of social activities on economic growth
The direct impact of economic activities on the involved parties
Impact of economic activities on third parties not directly involved in the transaction.
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which component of GDP includes personal consumption expenditures?
Investment
Consumption
Net exports
Government spending
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is GDP considered a key indicator of economic performance?
GDP measures the total value of all goods and services produced within a country's borders over a specific period.
GDP measures the average income of individuals in a country
GDP only considers the financial sector of the economy
GDP is not influenced by international trade
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the formula to calculate GDP growth rate?
GDP final / GDP initial
GDP final - GDP initial
GDP final + GDP initial
((GDP final - GDP initial) / GDP initial) * 100
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