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The Gross Domestic Product goes down when which of the following occurs?

  • Question 19a of 25 - Economic indicators

  • Maximum Attempts: 1
  • Question Type: Multiple Choice
  • Maximum Score: 2
  • Question: The Gross Domestic Product goes down when which of the following occurs?
  • Answers:
  1. Imports increase faster than exports.
  2. Consumers spend more on luxury goods.
  3. There are too many unemployed workers.
  4. The government spends more than it takes in.

The correct answer is: Imports increase faster than exports. Imports are subtracted from exports to calculate GDP, so rising imports reduces GDP.

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