GDP and GNP: Measuring National Wealth Quiz

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GDP and GNP: Measuring National Wealth: a General level Economics quiz. Test your knowledge with 15 questions!
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Questions

Question 1
What does the acronym GDP stand for?
A Gross Daily Profit
B General Development Price
C Global Debt Policy
D Gross Domestic Product
Question 2
Which measure focuses on production within a country's borders?
A Interest rate
B GNP
C GDP
D Inflation
Question 3
What is the main purpose of calculating GDP?
A To count population growth
B To measure economic health
C To set currency rates
D To calculate personal taxes
Question 4
GNP stands for which of the following?
A Gross National Product
B Gross Number of People
C Global Network Power
D General National Price
Question 5
If a country's GDP is rising, the economy is usually:
A Shrinking
B Stagnant
C Growing
D Defaulting

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