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5 Written questions

5 Matching questions

  1. Net Investment
  2. Factor Payments
  3. Nominal Variable
  4. Final Good
  5. Involuntary Part-time Workers
  1. a A variable measured without adjustment for the dollar's changing value
  2. b Individuals who would like a full-time job, but who are working only part time
  3. c A good sold to its final user
  4. d Investment minus depreciation
  5. e Payments to the owners of resources that are used in production

5 Multiple choice questions

  1. Measuring GDP by adding the value of goods and services purchased by each type of final user
  2. A variable adjusted for changes in the dollar's value
  3. Joblessness experienced by people who are between jobs or who are just entering or reentering the labor market
  4. Goods used up in producing final goods
  5. The part of GDP purchased by households as final users

5 True/False questions

  1. Private Investment (I)Investment minus depreciation


  2. Net Exports (NX)Total exports minus total imports


  3. Value AddedThose people who have a job or who are looking for one


  4. Labor ForceThe revenue a firm receives minus the cost of intermediate goods it buys


  5. Unemployment RateA situation in which there is no cyclical unemployment


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