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Indicate which component of GDP is affected in this scenario, A business that sells lamps increases their current inventory by 5,000 lamps
Investment
Consumption
GDP / Population
Net Exports
False
False
Government
black market sales of ivory
Indicate which component of GDP is affected in this scenario, A Chinese company purchases rubber valves from a US based company
Investment
Consumption
GDP / Population
Net Exports
False
False
Government
black market sales of ivory
What is GDP per capita?
Investment
Consumption
GDP / Population
Net Exports
False
False
Government
black market sales of ivory
Exports are goods and services that are produced in other countries, then brought to the United States in trade.
Investment
Consumption
GDP / Population
Net Exports
False
False
Government
black market sales of ivory
Indicate which component of GDP is affected in this scenario, A school receives funding from the Dept. of Education
Investment
Consumption
GDP / Population
Net Exports
False
False
Government
black market sales of ivory
A business cycle will affect all states, people, and businesses equally.
Investment
Consumption
GDP / Population
Net Exports
False
False
Government
black market sales of ivory
Which of the following is NOT included in GDP?
Investment
Consumption
GDP / Population
Net Exports
False
False
Government
black market sales of ivory
Indicate which component of GDP is affected in this scenario, An individual spends $150 on a new cell phone
Investment
Consumption
GDP / Population
Net Exports
False
False
Government
black market sales of ivory
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