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5 Written questions

5 Matching questions

  1. disposable personal income(DPI)
  2. infrastructure
  3. secondhand sales
  4. Gross National Product(GNP)
  5. base year
  1. a total 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
  2. b the sales of used goods
  3. c a year that servesw as the basis of comparison for all other years
  4. d the highways,levees, mass transit, communications systems, electricity, water, sewer, and other publicgoods needed to support a population
  5. e the total income the consumer sector has at its disposal after personal income taxes

5 Multiple choice questions

  1. gross national product minus depreciation charges for wear and tear on capital equipment
  2. products that are components of other final products included in GDP;tires or radios on a new car
  3. An official count of all the people living in the United States including their place of residence
  4. economic activities that do generate expenditures in the market; mowing your own lawn
  5. makes up the remiander of the total ; people who live in sparsely populated areas along the fringes of cities

5 True/False questions

  1. Baby Boomthe high birthrate years from 1946 to 1964

          

  2. center of populationthe point where the country would balance if it could be laid flat and everyone weighed the same

          

  3. 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

          

  4. current GDPgross domestic product after adjustments for inflation

          

  5. GDP per capitapeople living in incor[porated cities, villages, or towns with 2,500 or more inhabitants