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5 Written questions

5 Matching questions

  1. underground economy
  2. gross domestic product
  3. center of population
  4. Census
  5. macroeconomics
  1. a the study of the economy as a whole, including topics such as inflation, unemployment, and economic growth
  2. b An official count of all the people living in the United States including their place of residence
  3. c the point where the country would balance if it could be laid flat and everyone weighed the same
  4. d economic activities that are not reported for legal or tax collection purposes; like gambling or smuggling
  5. e the dollar amount of all final goods and services produced within a country's borders in a year.

5 Multiple choice questions

  1. makes up the remiander of the total ; people who live in sparsely populated areas along the fringes of cities
  2. the highways,levees, mass transit, communications systems, electricity, water, sewer, and other publicgoods needed to support a population
  3. GDP divided by the population, to get the amount of output per person
  4. the total amount of income going to consumers before individual taxes are subtracted
  5. a year that servesw as the basis of comparison for all other years

5 True/False questions

  1. nonmarket transactionsthe point where the country would balance if it could be laid flat and everyone weighed the same

          

  2. intermediate productsthe dollar amount of all final goods and services produced within a country's borders in a year.

          

  3. Baby Boomthe high birthrate years from 1946 to 1964

          

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

          

  5. real GDPgross domestic product after adjustments for inflation