Test Bank for Macro Economy Today 13th
Edition by Schiller
part.
, Chapter 02
The U.S. Economy: A Global View
Multiple Choice Questions
1. Approximately how much of the world's output does the United States
produce?
A. 4 percent.
B. 20 percent.
C. 30 percent.
D. 1.5 percent.
2. The United States has roughly how much of the world's population?
© 2013 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in
any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
, A. 5 percent.
B. 10 percent.
C. 15 percent.
D. 20 percent.
© 2013 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in
any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or
Full all chapters instant download please go to Solutions Manual, Test Bank site: downloadlink.org
3. The United States has roughly how much of the world's arable land?
A. 14 percent.
B. 12 percent.
© 2013 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in
any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
, C. 10 percent.
D. 8 percent.
4. The best definition of GDP is
A. The sum of the physical amounts of goods and services in the economy.
B. A dollar measure of final output produced during a given time period.
C. A measure of the per capita economic growth rate of the economy.
D. A physical measure of the capital stock of the economy.
5. The measure of final new goods and services produced in the United States is
the
A. GDP of the United States.
© 2013 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in
any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
Edition by Schiller
part.
, Chapter 02
The U.S. Economy: A Global View
Multiple Choice Questions
1. Approximately how much of the world's output does the United States
produce?
A. 4 percent.
B. 20 percent.
C. 30 percent.
D. 1.5 percent.
2. The United States has roughly how much of the world's population?
© 2013 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in
any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
, A. 5 percent.
B. 10 percent.
C. 15 percent.
D. 20 percent.
© 2013 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in
any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or
Full all chapters instant download please go to Solutions Manual, Test Bank site: downloadlink.org
3. The United States has roughly how much of the world's arable land?
A. 14 percent.
B. 12 percent.
© 2013 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in
any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
, C. 10 percent.
D. 8 percent.
4. The best definition of GDP is
A. The sum of the physical amounts of goods and services in the economy.
B. A dollar measure of final output produced during a given time period.
C. A measure of the per capita economic growth rate of the economy.
D. A physical measure of the capital stock of the economy.
5. The measure of final new goods and services produced in the United States is
the
A. GDP of the United States.
© 2013 by McGraw-Hill Education. This is proprietary material solely for authorized instructor use. Not authorized for sale or distribution in
any manner. This document may not be copied, scanned, duplicated, forwarded, distributed, or posted on a website, in whole or part.
