ECO 100 ECO100 WEEK 6 QUIZ ANSWERS (2020) - STRAYER
Strayer ECO 100 Week 6 Quiz Answers (2020)
1. ___________ is about two-thirds of the demand side of GDP, but it moves relatively little over time.
2. Economists would most likely classify which of the following as consumer durable goods?
3. Which of the following is not included in GDP?
4. Which of these scenarios would be included in GDP?
5. Which is now the largest single component of the supply side of GDP, representing over half of GDP?
6. What is the difference between nominal GDP and real GDP?
7. Which of the following statements is true?
8. On the demand side of GDP, consumption by _____________ is the largest component of GDP, accounting for about two-thirds of the GDP in any year.
9. For most high-income countries of the world, GDP _________________ over time.
10. Which of the following is included in Investment (I)?
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