MT445 / MT 445
Managerial
Economics
Kaplan University (KU Campus)
William A. McEachern
Economics: A Contemporary Introduction,
8e
Hoboken, NJ: John Wiley & Sons.
Unit 9: National Economy, Circular Flow, and
Economic Statistics
Unit
9 Review / Quiz Answers
1. Gross Domestic Product equals the
(Points: 1)
2. Which of the following is not considered a component of
investment when calculating GDP? (Points: 1)
3. Which is true of leakages
and injections in the circular flow? (Points: 1)
4. Because of activity
in the underground economy, (Points: 1)
5. The consumer price index
measures changes in (Points: 1)
6. The unemployment rate is the (Points:
1)
7. Which of the following people would be classified as unemployed?
(Points: 1)
8. Frictional unemployment refers to unemployment that
results from (Points: 1)
9. If the aggregate demand curve shifts
rightward, (Points: 1)
10. The Consumer Price Index measures the cost of
(Points: 1)
MT445 / MT 445
Managerial
Economics
Kaplan University (KU Campus)
William A. McEachern
Economics: A Contemporary Introduction,
8e
Hoboken, NJ: John Wiley & Sons.
Unit 9: National Economy, Circular Flow, and
Economic Statistics
Unit
9 Review / Quiz Answers
1. Gross Domestic Product equals the
(Points: 1)
2. Which of the following is not considered a component of
investment when calculating GDP? (Points: 1)
3. Which is true of leakages
and injections in the circular flow? (Points: 1)
4. Because of activity
in the underground economy, (Points: 1)
5. The consumer price index
measures changes in (Points: 1)
6. The unemployment rate is the (Points:
1)
7. Which of the following people would be classified as unemployed?
(Points: 1)
8. Frictional unemployment refers to unemployment that
results from (Points: 1)
9. If the aggregate demand curve shifts
rightward, (Points: 1)
10. The Consumer Price Index measures the cost of
(Points: 1)
