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5 Written Questions

5 Matching Questions

  1. disposable personal income(DPI)
  2. GDP per capita
  3. nonmarket transactions
  4. infrastructure
  5. center of population
  1. a the highways,levees, mass transit, communications systems, electricity, water, sewer, and other publicgoods needed to support a population
  2. b the point where the country would balance if it could be laid flat and everyone weighed the same
  3. c GDP divided by the population, to get the amount of output per person
  4. d the total income the consumer sector has at its disposal after personal income taxes
  5. e economic activities that do generate expenditures in the market; mowing your own lawn

5 Multiple Choice Questions

  1. gross national product minus depreciation charges for wear and tear on capital equipment
  2. gross domestic product measured in current prices unadjusted for inflation
  3. the high birthrate years from 1946 to 1964
  4. the study of the economy as a whole, including topics such as inflation, unemployment, and economic growth
  5. the dollar amount of all final goods and services produced within a country's borders in a year.

5 True/False Questions

  1. Rural Populationmakes up the remiander of the total ; people who live in sparsely populated areas along the fringes of cities


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


  3. CensusAn official count of all the people living in the United States including their place of residence


  4. Urban Populationpeople living in incor[porated cities, villages, or towns with 2,500 or more inhabitants


  5. real GDPgross domestic product after adjustments for inflation


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