MT445 / MT 445Managerial EconomicsKaplan University (KU Campus)William A. McEach

MT445 / MT 445Managerial
EconomicsKaplan University (KU Campus)William A. McEachernEconomics: A Contemporary Introduction
8eHoboken NJ: John Wiley & Sons.Unit 9: National Economy Circular Flow and
Economic StatisticsUnit
9 Review / Quiz Answers1. 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)