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1.09 Quiz: Dollars and Sense QUESTIONS AND ANSWERS

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1.09 Quiz: Dollars and Sense QUESTIONS
AND ANSWERS

1.​ Which great explains why any dedication of cost must cross beyond counting the money
involved? - ANSWER-Calculations of value and advantage are subjective.
2.​ Which describes gross domestic product (GDP)? - ANSWER-Value of all goods and
services produced in a rustic.
3.​ Which describes the unemployment fee? - ANSWER-The percent of people who are
out of labor.
4.​ Which monetary indicator measures economic increase? - ANSWER-GDP through the
years
5.​ Which economic indicator measures the overall cost of products and services? -
ANSWER-Gross home product.
6.​ Which is a easy way of describing price-gain analysis? - ANSWER-Making a decision
through listing execs and cons.
7.​ Which is the purpose of monetary signs? - ANSWER-Judge the general circumstance
of a specific us of a's economic system.
8.​ Which is authentic of choices made the usage of cost-gain evaluation? - ANSWER-The
high-quality decision effects in the maximum advantages with the fewest prices.
9.​ Which indicates that an financial system is growing? - ANSWER-The GDP is getting
larger.
10.​Which would result in an boom in GDP? - ANSWER-Greater stages of funding.
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