1.09 Quiz: Dollars and Sense Part 2 QUESTIONS AND ANSWERS

1.09 Quiz: Dollars and Sense Part 2
QUESTIONS AND ANSWERS

1.​ What describes gross domestic product (GDP) ? - ANSWER-Value of all goods and
offerings produced in a country
2.​ Which quality explains why any willpower of price have to pass past counting the cash
concerned? - ANSWER-Calculations of fee and gain are subjective.
3.​ Which describes the unemployment fee? - ANSWER-The percentage of people who
are out of labor
4.​ Which economic indicator measures economic growth? - ANSWER-GDP over the
years
5.​ Which financial indicator measures the overall price of products and services? -
ANSWER-Gross home product
6.​ Which helps economists judge the general condition of a particular united states of
america's economic system? - ANSWER-Measurement of financial indicators
7.​ Which is a simple way of describing fee-advantage analysis? - ANSWER-Making a
choice via listing professionals and cons
8.​ Which is taking place when the GDP is neither rising nor falling? - ANSWER-Stagnation
9.​ Which is real of decisions made the use of fee-benefit analysis? - ANSWER-The
excellent selection outcomes within the maximum blessings with the fewest
expenses.
10.​Which could increase GDP? - ANSWER-More exports