ADAS 1-1 Test Mod

What is Aggregate Demand?

• The total amount of money in banks
• The total amount of goods and services that everyone wants to buy
• The number of stores in a country
• The amount of taxes collected

What is Real GDP?

• The money people save in banks
• The number of jobs available
• The total output of goods and services adjusted for price changes
• The amount of gold a country has

What is the Price Level?

• The cost of one item in a store
• The average of all prices in the economy
• The amount of money in your wallet
• The cost of going to the movies

What are Net Exports?

• The difference between what a country sells to and buys from other countries
• All the food sent to other countries
• The number of ships in a port
• The amount of money tourists spend

What is Consumer Confidence?

• How well people can keep secrets
• How good people are at shopping
• How positive people feel about spending money
• How much money people have saved

What is Government Spending?

• Only money spent on schools
• The money used to build roads, schools, and other public services
• Money given to banks
• The president's salary

What is Inflation?

• When prices stay the same
• When prices go down
• When prices go up over time
• When stores have sales

What are Interest Rates?

• How fast cars can drive
• How much extra money you pay when borrowing money
• How many people visit the bank
• How much money people save

What is Consumer Spending?

• The money people use to buy things they need and want
• Only money spent on food
• Money given to charity
• The cost of going to school

What is Investment Spending?

• Only buying stocks
• Putting money in a piggy bank
• Money spent by businesses to grow and improve
• Buying toys and games