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5 Written Questions

5 Matching Questions

  1. real GDP
  2. Urban Population
  3. Census
  4. personal income(PI)
  5. Net National Product(NNP)
  1. a An official count of all the people living in the United States including their place of residence
  2. b people living in incor[porated cities, villages, or towns with 2,500 or more inhabitants
  3. c gross domestic product after adjustments for inflation
  4. d gross national product minus depreciation charges for wear and tear on capital equipment
  5. e the total amount of income going to consumers before individual taxes are subtracted

5 Multiple Choice Questions

  1. economic activities that are not reported for legal or tax collection purposes; like gambling or smuggling
  2. the high birthrate years from 1946 to 1964
  3. the sales of used goods
  4. economic activities that do generate expenditures in the market; mowing your own lawn
  5. GDP divided by the population, to get the amount of output per person

5 True/False Questions

  1. infrastructurethe highways,levees, mass transit, communications systems, electricity, water, sewer, and other publicgoods needed to support a population

          

  2. Gross National Product(GNP)gross national product minus depreciation charges for wear and tear on capital equipment

          

  3. center of populationmakes up the remiander of the total ; people who live in sparsely populated areas along the fringes of cities

          

  4. base yearthe high birthrate years from 1946 to 1964

          

  5. gross domestic producttotal dollar value of all final goods, services, and structures produced in one year with labor and property owned by a contry's residents, regardless of where the production takes place: largest measure of a nations income

          

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