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World Famous Economic Indicators Online MCQs with Answers
Which economic indicator measures the total value of all goods and services produced within a country in a given period?
a) Gross Domestic Product (GDP)
b) Consumer Price Index (CPI)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the average change in prices of a basket of goods and services over time?
a) Gross Domestic Product (GDP)
b) Consumer Price Index (CPI)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the percentage of the labor force that is unemployed and actively seeking employment?
a) Gross Domestic Product (GDP)
b) Consumer Price Index (CPI)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling?
a) Gross Domestic Product (GDP)
b) Consumer Price Index (CPI)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the total value of all goods and services produced by the residents of a country, regardless of location, in a given period?
a) Gross Domestic Product (GDP)
b) Gross National Product (GNP)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the percentage change in the price of a basket of goods and services typically purchased by households and individuals?
a) Producer Price Index (PPI)
b) Consumer Price Index (CPI)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the total value of all final goods and services produced within a country’s borders, regardless of ownership, in a given period?
a) Gross Domestic Product (GDP)
b) Gross National Product (GNP)
c) Net Domestic Product (NDP)
d) Inflation Rate
Which economic indicator measures the percentage change in the average price of goods and services at the wholesale level?
a) Producer Price Index (PPI)
b) Consumer Price Index (CPI)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the total value of all final goods and services produced within a country in a given period, adjusted for inflation?
a) Gross Domestic Product (GDP)
b) Real Gross Domestic Product (Real GDP)
c) Net Domestic Product (NDP)
d) Inflation Rate
Which economic indicator measures the rate at which the general level of prices for goods and services is falling?
a) Deflation Rate
b) Consumer Price Index (CPI)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the total value of all goods and services produced within a country in a given period, excluding the value of intermediate goods and services?
a) Gross Domestic Product (GDP)
b) Net Domestic Product (NDP)
c) Gross National Product (GNP)
d) Inflation Rate
Which economic indicator measures the rate at which the general level of prices for goods and services is rising, excluding food and energy prices?
a) Consumer Price Index (CPI)
b) Core Inflation Rate
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the percentage of people in the working-age population who are employed or actively seeking employment?
a) Labor Force Participation Rate
b) Consumer Price Index (CPI)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the total value of all goods and services produced within a country in a given period, adjusted for population size?
a) Gross Domestic Product (GDP)
b) Gross Domestic Product per capita
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the percentage change in the value of goods and services produced by the manufacturing sector?
a) Gross Domestic Product (GDP)
b) Industrial Production Index (IPI)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the percentage change in the value of all goods and services produced within a country in a given period, adjusted for inflation and changes in the value of currency?
a) Gross Domestic Product (GDP)
b) Real Gross Domestic Product (Real GDP)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the percentage change in the value of all goods and services produced within a country in a given period, adjusted for inflation and changes in the value of currency, and expressed in constant prices?
a) Gross Domestic Product (GDP)
b) Real Gross Domestic Product (Real GDP)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the percentage change in the total value of goods and services purchased by consumers in a given period?
a) Gross Domestic Product (GDP)
b) Consumer Expenditure Index (CEI)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the total value of all goods and services produced within a country in a given period, adjusted for depreciation of capital goods?
a) Gross Domestic Product (GDP)
b) Net Domestic Product (NDP)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the percentage change in the value of all goods and services produced within a country in a given period, excluding the value of government expenditures?
a) Gross Domestic Product (GDP)
b) Net Domestic Product (NDP)
c) Gross National Product (GNP)
d) Inflation Rate
Which economic indicator measures the rate at which the general level of prices for goods and services is rising, taking into account the quality improvements of products?
a) Hedonic Price Index
b) Consumer Price Index (CPI)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the percentage change in the value of exports of goods and services in a given period?
a) Gross Domestic Product (GDP)
b) Balance of Trade
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the percentage change in the value of imports of goods and services in a given period?
a) Gross Domestic Product (GDP)
b) Balance of Trade
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the total value of all final goods and services produced by the residents and corporations of a country, regardless of location, in a given period?
a) Gross Domestic Product (GDP)
b) Gross National Product (GNP)
c) Net Domestic Product (NDP)
d) Inflation Rate
Which economic indicator measures the rate at which the general level of prices for goods and services is rising, taking into account the changes in consumers’ purchasing habits?
a) Consumer Price Index (CPI)
b) Chained Consumer Price Index (C-CPI)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the percentage change in the value of all final goods and services produced by a country’s residents, regardless of location, in a given period?
a) Gross Domestic Product (GDP)
b) Gross National Product (GNP)
c) Net Domestic Product (NDP)
d) Inflation Rate
Which economic indicator measures the rate at which the general level of prices for goods and services is rising, taking into account the changes in consumers’ purchasing habits and the quality improvements of products?
a) Consumer Price Index (CPI)
b) Chained Consumer Price Index (C-CPI)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the percentage change in the value of all final goods and services produced by a country’s residents, regardless of location, in a given period, adjusted for population size?
a) Gross Domestic Product (GDP)
b) Gross National Product per capita
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the total value of all final goods and services produced by the residents and corporations of a country in a given period, adjusted for depreciation of capital goods and changes in the value of currency?
a) Gross Domestic Product (GDP)
b) Real Gross National Product (Real GNP)
c) Net Domestic Product (NDP)
d) Inflation Rate
Which economic indicator measures the rate at which the general level of prices for goods and services is falling, taking into account the changes in consumers’ purchasing habits?
a) Deflation Rate
b) Chained Consumer Price Index (C-CPI)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the percentage change in the value of all final goods and services produced by a country’s residents, regardless of location, in a given period, adjusted for depreciation of capital goods?
a) Gross Domestic Product (GDP)
b) Net Domestic Product (NDP)
c) Real Gross Domestic Product (Real GDP)
d) Inflation Rate
Which economic indicator measures the percentage change in the value of all final goods and services produced by a country’s residents, regardless of location, in a given period, adjusted for depreciation of capital goods and changes in the value of currency?
a) Gross Domestic Product (GDP)
b) Real Gross National Product (Real GNP)
c) Real Gross Domestic Product (Real GDP)
d) Inflation Rate
Which economic indicator measures the rate at which the general level of prices for goods and services is falling, taking into account the changes in consumers’ purchasing habits and the quality improvements of products?
a) Deflation Rate
b) Chained Consumer Price Index (C-CPI)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the total value of all final goods and services produced by a country’s residents, regardless of location, in a given period, adjusted for depreciation of capital goods and changes in the value of currency, and expressed in constant prices?
a) Gross Domestic Product (GDP)
b) Real Gross National Product (Real GNP)
c) Real Gross Domestic Product (Real GDP)
d) Inflation Rate
Which economic indicator measures the percentage change in the value of all final goods and services produced by a country’s residents, regardless of location, in a given period, adjusted for population size?
a) Gross Domestic Product (GDP)
b) Gross Domestic Product per capita
c) Net Domestic Product (NDP)
d) Inflation Rate
Which economic indicator measures the rate at which the general level of prices for goods and services is falling, taking into account the changes in consumers’ purchasing habits and the quality improvements of products?
a) Deflation Rate
b) Chained Consumer Price Index (C-CPI)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the total value of all final goods and services produced by the residents and corporations of a country in a given period, adjusted for depreciation of capital goods and changes in the value of currency?
a) Gross Domestic Product (GDP)
b) Real Gross National Product (Real GNP)
c) Net Domestic Product (NDP)
d) Inflation Rate
Which economic indicator measures the percentage change in the value of all final goods and services produced by a country’s residents, regardless of location, in a given period, adjusted for depreciation of capital goods and changes in the value of currency?
a) Gross Domestic Product (GDP)
b) Real Gross National Product (Real GNP)
c) Real Gross Domestic Product (Real GDP)
d) Inflation Rate
Which economic indicator measures the rate at which the general level of prices for goods and services is falling, taking into account the changes in consumers’ purchasing habits and the quality improvements of products?
a) Deflation Rate
b) Chained Consumer Price Index (C-CPI)
c) Unemployment Rate
d) Inflation Rate
Which economic indicator measures the total value of all final goods and services produced by a country’s residents, regardless of location, in a given period, adjusted for depreciation of capital goods and changes in the value of currency, and expressed in constant prices?
a) Gross Domestic Product (GDP)
b) Real Gross National Product (Real GNP)
c) Real Gross Domestic Product (Real GDP)
d) Inflation Rate