A) Government Debt Percentage B) Gross Domestic Product C) General Distribution Process D) Global Development Program
A) Potential GDP B) Real GDP C) Per capita GDP D) Nominal GDP
A) Primary sector B) Tertiary sector C) Secondary sector D) Quaternary sector
A) Consumption + Savings + Exports - Imports B) Investment + Taxes - Imports + Exports C) Income + Consumption + Net Exports - Government Spending D) Consumption + Investment + Government Spending + Net Exports
A) Government spending B) Investments C) Net exports D) Consumption
A) GDP measures wealth, while GNP measures income B) GDP includes government spending, while GNP does not C) GDP measures economic output within a country, while GNP measures output by country's residents worldwide D) GDP is adjusted for inflation, while GNP is not
A) Government spending B) Net exports C) Consumption D) Investments
A) Recession B) Stagnation C) Depression D) Expansion
A) Federal Reserve B) IMF C) World Bank D) Bureau of Economic Analysis (BEA)
A) Increases GDP through direct expenditures B) Negatively impacts GDP by raising taxes C) Has no impact on GDP D) Decreases GDP by reducing consumer spending |