11. Gross Domestic Product (GDP) and Consumer Price Index (CPI)

Economists use changes in GDP to measure which of the following?

In the GDP accounts, production equals which of the following?

Which of the following is typically the largest expenditure component of Gross Domestic Product (GDP) in most economies?

Which of the following lists the main components used to calculate a country's Gross Domestic Product (GDP) using the expenditure approach?

Gross domestic product (GDP) is equal to the total sum of which four categories?

Why do gross domestic product (GDP) calculations count only final goods and services?

Refer to the data dashboard shown. Which indicator is commonly used as a cross-check on GDP in national accounts?

Approximately what percentage of gross domestic product (GDP) is typically allocated to investment in most developed economies?

Which of the following is NOT directly included in the calculation of Gross Domestic Product (GDP)?

Which of the following is the correct calculation of real gross domestic product (GDP)?