GDP and Economic Indicators Quiz

GDP and Economic Indicators Quiz

University

9 Qs

quiz-placeholder

Similar activities

Professional Cooking Essentials

Professional Cooking Essentials

University

10 Qs

Front Office Operations Quiz

Front Office Operations Quiz

University

14 Qs

Delicious Brownies and Cheese Bread

Delicious Brownies and Cheese Bread

12th Grade - University

10 Qs

cocinas 2 parcial

cocinas 2 parcial

University

11 Qs

Guestroom Terms and Rates Quiz

Guestroom Terms and Rates Quiz

University

13 Qs

Fundamentals of Food and Beverage Service

Fundamentals of Food and Beverage Service

University

11 Qs

T-051. T2 - Politicas Institucionales

T-051. T2 - Politicas Institucionales

University

12 Qs

BBTM1003 Topic 5

BBTM1003 Topic 5

University

14 Qs

GDP and Economic Indicators Quiz

GDP and Economic Indicators Quiz

Assessment

Quiz

Hospitality and Catering

University

Practice Problem

Medium

Created by

JTM Malik

Used 2+ times

FREE Resource

AI

Enhance your content in a minute

Add similar questions
Adjust reading levels
Convert to real-world scenario
Translate activity
More...

9 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is NOT part of GDP calculation?

Investment

Government spending

Net exports

Household chores

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Nominal GDP measures production at:

Constant prices

Base-year prices

Current prices

Future prices

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Real GDP is corrected for:

Taxes

Imports

Inflation

Interest rates

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The GDP deflator helps measure:

Exchange rates

Price level changes

Employment rate

Income inequality

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of the following is a final good?

Flour used by a bakery

Sugar used in tea

A sandwich bought by a customer

Bread sold to a café

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Which of these statements about GDP is true?

GDP measures happiness

GDP includes underground economy

GDP shows total income and expenditure

GDP includes non-market work

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A hotel in Jeddah imports luxury furniture from Italy worth SAR 2 million. How does it affect Saudi GDP?

GDP increases

GDP decreases

No effect

GDP doubles

8.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The Saudi government builds a new airport. This is counted under:

Consumption

Government spending

Net exports

Investment

9.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

A Saudi car company buys tires from a local factory to assemble new cars. Is this included in GDP?

Yes, because it’s a business expense

No, because it’s an intermediate good

Yes, under investment

Only partially