Categories of GDP
By Stephanie Foy
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Last updated over 6 years ago
5 Questions
1 point
1
Question 1
1.
Ford Motor Company produces $10 milion in automobiles in the US and sells them to customers in China. In which category of GDP will the automobiles count?
Ford Motor Company produces $10 milion in automobiles in the US and sells them to customers in China. In which category of GDP will the automobiles count?
1 point
1
Question 2
2.
Lockheed produces 45 jets in the US and sells them to the US government. In which category of GDP will the jets count?
Lockheed produces 45 jets in the US and sells them to the US government. In which category of GDP will the jets count?
1 point
1
Question 3
3.
The US company, Bob's Candy, produced $25 million worth of peppermint in Mexico this year.
Which of the following statements is TRUE about peppermint?
The US company, Bob's Candy, produced $25 million worth of peppermint in Mexico this year.
Which of the following statements is TRUE about peppermint?
1 point
1
Question 4
4.
Real Gross Domestic Product is used to measure the economic goal of
Real Gross Domestic Product is used to measure the economic goal of
1 point
1
Question 5
5.
Select the THREE TRUE statements from the list below. They must ALL be correct to get points for the question.
Select the THREE TRUE statements from the list below. They must ALL be correct to get points for the question.