ECONOMIC GROWTH QUESTIONS AND GRADED ANSWERS,
100% GUARANTEE
When economists determine that a nation's GDP has declined, they can point to this as a sign of -
economic shrinkage.
Economic growth takes place when a country - NOT: measures its gross domestic product
(GDP).
The graph shows data for the years 2010 through 2012.
Which might be a better title for this graph? - Total Exports for the United States and
China
GRAPH: The graph shows changes in GDP in the United States from 2009 to 2011.
How did the contribution of the services sector to GDP change between 2009 and 2011? -
It rose significantly.
Jim lost his job in a car assembly factory to a robot and his skills will no longer be needed.
Which terms can be used to describe Jim? Check all that apply. - structurally unemployed
unemployment
Economists use gross national product (GNP) to measure - the output of a nation's
citizens, regardless of where they are.
100% GUARANTEE
When economists determine that a nation's GDP has declined, they can point to this as a sign of -
economic shrinkage.
Economic growth takes place when a country - NOT: measures its gross domestic product
(GDP).
The graph shows data for the years 2010 through 2012.
Which might be a better title for this graph? - Total Exports for the United States and
China
GRAPH: The graph shows changes in GDP in the United States from 2009 to 2011.
How did the contribution of the services sector to GDP change between 2009 and 2011? -
It rose significantly.
Jim lost his job in a car assembly factory to a robot and his skills will no longer be needed.
Which terms can be used to describe Jim? Check all that apply. - structurally unemployed
unemployment
Economists use gross national product (GNP) to measure - the output of a nation's
citizens, regardless of where they are.