A measure of the economic activity of a country

A measure of the total income of a country

A measure of the total wealth of a country

A measure of the total consumption of a country

Consumption, Investment, Government Spending, and Exports

Consumption, Investment, Government Spending, and Imports

Consumption, Investment, Government Spending, and Net Exports

Consumption, Investment, Government Spending, and Gross Exports

The value of all goods and services purchased by households

The value of all goods and services purchased by businesses

The value of all goods and services purchased by the government

The value of all goods and services purchased by foreigners

The value of all new buildings and equipment purchased by businesses

The value of all new inventory purchased by businesses

The value of all new research and development spending by businesses

All of the above

The value of all goods and services purchased by the government

The value of all transfer payments made by the government

The value of all interest payments made by the government

All of the above

Exports minus Imports

Imports minus Exports

Exports plus Imports

Imports plus Net Exports

GDP = Consumption + Investment + Government Spending + Net Exports

GDP = Consumption + Investment + Government Spending - Net Exports

GDP = Consumption + Investment - Government Spending + Net Exports

GDP = Consumption - Investment + Government Spending + Net Exports

Real GDP is adjusted for inflation, while nominal GDP is not.

Nominal GDP is adjusted for inflation, while real GDP is not.

Real GDP is adjusted for population growth, while nominal GDP is not.

Nominal GDP is adjusted for population growth, while real GDP is not.

A measure of the overall price level of goods and services in an economy

A measure of the overall quantity of goods and services produced in an economy

A measure of the overall value of goods and services produced in an economy

A measure of the overall income of goods and services produced in an economy

GDP is a measure of economic growth.

Economic growth is a measure of GDP.

GDP and economic growth are the same thing.

GDP and economic growth are not related.

Government policies

Technological change

Natural disasters

All of the above

GDP does not measure the distribution of income.

GDP does not measure the quality of life.

GDP does not measure the environmental impact of economic activity.

All of the above

The Human Development Index (HDI)

The Genuine Progress Indicator (GPI)

The Index of Sustainable Economic Welfare (ISEW)

All of the above

GDP will continue to be the primary measure of economic progress.

GDP will be replaced by a more comprehensive measure of economic progress.

GDP will be used in conjunction with other measures of economic progress.

GDP will no longer be used to measure economic progress.