
Understanding GDP
Interactive Video
•
Business, Economics, Social Studies
•
6th - 10th Grade
•
Hard

Jackson Turner
Used 1+ times
FREE Resource
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8 questions
Show all answers
1.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does GDP stand for?
Gross Domestic Product
General Domestic Product
Global Domestic Product
Gross Development Product
2.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is NOT part of GDP?
Cars
Volunteering
Clothes
Doctors
3.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
How can GDP be calculated?
By measuring the number of services provided
By calculating the total population
By adding up the value of goods and services
By counting the number of goods produced
4.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What does a higher GDP indicate?
There is no pollution
The economy produces more
Everyone is wealthy
All services are included
5.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Which of the following is a limitation of GDP?
It measures all services
It includes unpaid services
It accounts for income distribution
It does not include environmental damage
6.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
Why is childcare by a parent not included in GDP?
It does not generate income
It is not valuable
It is too difficult to measure
It is not considered a service
7.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is one reason GDP might not reflect true economic well-being?
It accounts for all volunteer work
It measures only goods, not services
It includes all types of pollution
It does not consider how income is distributed
8.
MULTIPLE CHOICE QUESTION
30 sec • 1 pt
What is the overall usefulness of GDP?
It reflects the distribution of wealth
It shows the environmental health
It indicates the total economic production
It measures the happiness of a nation
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