Finance Unbox-ED ($) - Grade 6-8 - Session 002 - Quiz 1

Finance Unbox-ED ($) - Grade 6-8 - Session 002 - Quiz 1

6th - 8th Grade

10 Qs

quiz-placeholder

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Finance Unbox-ED ($) - Grade 6-8 - Session 002 - Quiz 1

Finance Unbox-ED ($) - Grade 6-8 - Session 002 - Quiz 1

Assessment

Quiz

Business

6th - 8th Grade

Hard

Created by

Bhairav Shah

FREE Resource

10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What does GDP stand for?
Goods Domestic Product
Gross Domestic Product
General Domestic Product
Gross Demand Product

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

What is the GDP of a country?
Demand for all the goods and services in a country in one year
Quantities of all the goods and services produced by a country in one year
Market value of all the goods and services produced by a country in one year
Market value of all the goods and services consumed by a country in one year

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Imports are a part of GDP since these are goods that are consumed in the country
True
False

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Exports are a part of GDP since these are goods that are produced in the country
True
False

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Per capita income is GDP divided by the population
True
False

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Per capita income tells us the average income that a person in the country makes
True
False

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Countries strive to keep per capita income low as high per capita income can lead to hyperinflation
True
False

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