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5 Written questions

5 Matching questions

  1. Rural Population
  2. current GDP
  3. gross domestic product
  4. infrastructure
  5. nonmarket transactions
  1. a the highways,levees, mass transit, communications systems, electricity, water, sewer, and other publicgoods needed to support a population
  2. b gross domestic product measured in current prices unadjusted for inflation
  3. c economic activities that do generate expenditures in the market; mowing your own lawn
  4. d the dollar amount of all final goods and services produced within a country's borders in a year.
  5. e makes up the remiander of the total ; people who live in sparsely populated areas along the fringes of cities

5 Multiple choice questions

  1. the total amount of income going to consumers before individual taxes are subtracted
  2. 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
  3. the total income the consumer sector has at its disposal after personal income taxes
  4. people living in incor[porated cities, villages, or towns with 2,500 or more inhabitants
  5. products that are components of other final products included in GDP;tires or radios on a new car

5 True/False questions

  1. real GDPgross domestic product measured in current prices unadjusted for inflation

          

  2. base yeara year that servesw as the basis of comparison for all other years

          

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

          

  4. secondhand salesAn official count of all the people living in the United States including their place of residence

          

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