Gross Domestic Product

Practice Questions

AP Human Geography › Gross Domestic Product

Questions
9
1

How does the Gross Domestic Product differ from the Gross National Product?

2

Which of these is least strongly correlated with Gross National Product?

3

Which of these countries eschews Gross National Product in favor of Gross National Happiness?

4

Which of these was created to account for flaws in the Gross National Product?

5

Which of these measurements of economic development takes into account the monetary value of all the goods, services, and investments produced by a country in a year and then subtracts the the value of the loss of natural resources caused by that production?

6

Most geographers consider Purchasing Power Parity to be a necessary addendum to any analysis of Gross National Product because it __________.

7

What is the value of the total output of goods and services produced in a country in a given time period (often one year)?

8

The monetary value in US dollars of all the goods, services, and investments produced by a country in a year is called __________.

9

Which of the following would not be a factor in calculating a nation's Gross Domestic Product (GDP)?

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