ECO 100 Week 6 Knowledge Check 6
ECO 100 Week 6 Knowledge Check 6
•Question 1
Which of the following does GDP not directly include?
•Question 2
_______________, which can be estimated by the growth of GDP, ultimately determines the prevailing standard of living in a country.
•Question 3
Consumption is the purchase of goods and services by:
•Question 4
Which of these scenarios would be included in GDP?
•Question 5
Which is the best description GDP?
•Question 6
What is the difference between nominal GDP and real GDP?
•Question 7
Which of the following is not included in GDP?
•Question 8
Which of the following is included in Investment (I)?
•Question 9
Economists would most likely classify which of the following as consumer durable goods?
•Question 10
On the demand side of GDP, consumption by _____________ is the largest component of GDP, accounting for about two-thirds of the GDP in any year.
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Answers
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Posted 24 Sep 2019 05:09 AM
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file 1569303019-ECO 100 Week 6 Knowledge Check 6.docx preview (457 words )
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