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Social Studies

12th Grade

Quiz on Gross Domestic Product
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14 questions

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1.

FILL IN THE BLANKS QUESTION

3 mins • 1 pt

The Gross Domestic Product of a country is (a)   .

2.

OPEN ENDED QUESTION

3 mins • 1 pt

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Explain the components and interactions within the Circular Flow Diagram.

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3.

FILL IN THE BLANKS QUESTION

3 mins • 1 pt

Inflation is defined as (a)   .

4.

FILL IN THE BLANKS QUESTION

3 mins • 1 pt

The difference between the nominal and real interest rate is (a)   .

5.

FILL IN THE BLANKS QUESTION

3 mins • 1 pt

The consequences of inflation upon an economy include (a)   .

6.

FILL IN THE BLANKS QUESTION

3 mins • 1 pt

The unemployment rate is calculated by _____. It is calculated by _____ and published _____.

(a)  

7.

FILL IN THE BLANKS QUESTION

3 mins • 1 pt

Discuss, in your own words, the different types of (a)   that exist.

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