GDP & Quality of Life

Instructions:

Choose an answer and hit 'next'. You will receive your score and answers at the end.

question 1 of 3

What does GDP help us measure? Choose the BEST answer.

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1. Some intangible assets are included in GDP. What are intangible assets?

2.

Which of the following intangible assets are calculated as part GDP in the U.S.?

I. Software

II. R&D

III. Goodwill

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About This Quiz & Worksheet

This worksheet/quiz will assess your knowledge of gross domestic product, or GDP, and the quality of life. Topics include the measurement GDP represents and intangible assets.

Quiz & Worksheet Goals

You'll be quizzed on the following:

  • Intangible assets in the GDP of the U.S.
  • Best way to determine a country's quality of life
  • Quality of life measurements of a nation

Skills Practiced

  • Defining key concepts - make sure you can accurately define intangible assets
  • Knowledge application - use your knowledge to answer questions about how to determine a nation's quality of life and what the GDP of a country represents
  • Information recall - access the knowledge you've gained regarding the intangible assets of the U.S. GDP

Additional Learning

Learn more about GDP with the lesson called GDP & Quality of Life. These key areas will be covered:

  • Examples of intangible assets
  • Categories related to the quality of life
  • Information that can be learned from this type of data
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