Worksheets2025: DBQ: GDP? Hook/ BGE
Total questions: 23
Worksheet time: 18mins
Gross Domestic Product includes the market value of all FINAL goods and services produced within a country during a given period of time.
True
False
Intermediate goods, used goods, and illegal goods are ____________ in a countries Gross Domestic Product(GDP).
included
excluded
A company putting its money towards expanding its business. An example of this would be a construction company buying new trucks and other heavy equipment to improve production.
Household Consumption/ C
Business Investment/ I
Government Purchases/ G
Net Exports/ NX
Over half of the spending of the _______________ include programs like Medicare, Social Security & Unemployment.
Household Consumption/ C
Business Investment/ I
Government Purchases/ G
Net Exports/ NX
According to this image, the United States exported 200 billion in goods and services, and imported 150 billion. This category is what part of GDP?
Household Consumption/ C
Business Investment/ I
Government Purchases/ G
Net Exports/ NX
The U.S. Government hired 10 Chinese-language experts, from a Chinese company based in China, to train U.S. Workers.
GDP increases
GDP decreases
No change
What does Per Capita Mean?
Per Household
Per Object
Per Worker
Per Person
GDP per capita is found by dividing a country's GDP by it's
population.
average birth rates.
number of households.
According to this graph from the powerpoint, what country has the highest per capita GDP?
Canada
USA
Mexico
This is often referred to as "the mother of all economic indicators" and is used by nations around the world to measure their economic activity.
(a)
According to the BGE, this country had overtaken the United States in annual GDP growth in 2014.
(a)
According to the BGE, this was the first time since what decade that the United States was not considered the top economy in the world?
1870's
1970's
1910's
1940's
2020's
According to the BGE, if China was now the largest economy in the world, would it soon be the largest (a) power too?
According to the BGE, when GDP increases so does the (a) of government officials, businesses, and consumers.
The GDP is the "price tag" for all the goods and services produced in a country in one year. All of the following will be included in GDP except;
Highway tolls paid to the state
iPhones from Target
iced mocha cappuccino from Starbucks
used 2022 Ford Mustang
a haircut that you paid cash for to Aunt Suzie
GDP was first used in the United States in the _________, when the nation was struggling through the Great Depression.
1930's
1910's
1810's
1850's
2010's
What is the greatest danger if a country's GDP expands too rapidly over a period of time?
inflation
unemployment
What is the greatest danger if a country's GDP contracts over a period of time?
inflation
unemployment
REAL GDP- An adjustment to GDP that accounts for a change in (a) occurring over time. This allows for long- term GDP comparisons.
An adjustment to GDP that takes into account the relative value of different countries' currencies. This allows for GDP comparisons between countries.
(a)
GDP per (a) -
which accounts for population and allows for comparisons between big and small countries.
the increases and decreases in GDP that occur over time within a country. (2 word answer)
(a)
