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United States of America

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About how many Florida visitor trips did VISIT FLORIDA estimate for calendar 2025?

  • 43.33 million
  • 143.33 million
  • 14.33 million
  • 243.33 million
Correct answer(s):
  • 143.33 million

Why can’t estimated visitor trips automatically be interpreted as different visitors?

  • Tourism reports always identify every individual
  • Trip totals count only hotel workers
  • Every trip is a permanent move
  • One person can make multiple trips
Correct answer(s):
  • One person can make multiple trips

Which pair of statistics would measure different aspects of Florida tourism?

  • Two identical counts for the same period
  • Hotel employment and visitor spending
  • One annual visitor count copied twice
  • Visitor trips and visitor trips from the same definition
Correct answer(s):
  • Hotel employment and visitor spending

How many more residents were counted in Florida in the 2020 Census than in 2010?

  • 1,924,331
  • 8,900,000
  • 2,736,877
  • 273,687
Correct answer(s):
  • 2,736,877

If Florida’s nominal GDP rises, which interpretation is valid?

  • Inflation must be zero
  • Only physical output can have increased
  • Prices, quantities produced, or both may have increased
  • Household welfare must have improved equally
Correct answer(s):
  • Prices, quantities produced, or both may have increased

Approximately how much did Florida’s Census population grow from 2010 to 2020?

  • 24.6%
  • 4.6%
  • 14.6%
  • 41.6%
Correct answer(s):
  • 14.6%

Why doesn’t adding Florida businesses’ total sales give a valid GDP total?

  • Intermediate transactions would be counted repeatedly
  • GDP measures only tax receipts
  • GDP excludes every service
  • A state’s exports are always zero
Correct answer(s):
  • Intermediate transactions would be counted repeatedly

What is the difference between Florida’s April 2020 Census count and July 2025 population estimate?

  • 3,924,331 residents
  • 2,736,877 residents
  • 1,924,331 residents
  • 192,433 residents
Correct answer(s):
  • 1,924,331 residents

What data are needed to calculate a Florida industry’s share of state GDP?

  • Only the number of visitors to that industry
  • Only total household savings
  • Only the number of businesses
  • Its value added and a compatible total GDP figure
Correct answer(s):
  • Its value added and a compatible total GDP figure

How did Florida’s July 2025 estimated population compare with New York State’s?

  • Florida’s was larger
  • Florida had fewer than half as many people
  • Both were exactly equal
  • Florida’s was smaller
Correct answer(s):
  • Florida's was larger

Which factor can alter a published ranking of Florida’s economy?

  • The number of hurricane names
  • Changing the year or GDP measure being compared
  • Using the same unit and year always produces different ranks
  • Florida’s state flower changing color
Correct answer(s):
  • Changing the year or GDP measure being compared

What was Florida’s revised nominal GDP for calendar year 2025 in BEA data released September 2026?

  • Approximately $180.6 billion
  • Approximately $3.806 trillion
  • Approximately $1.006 trillion
  • Approximately $1.806 trillion
Correct answer(s):
  • Approximately $1.806 trillion

Which estimate best represents Florida’s nominal GDP for 2024 in the September 2026 BEA revision?

  • Approximately $706 billion
  • Approximately $2.706 trillion
  • Approximately $1.706 trillion
  • Approximately $1.206 trillion
Correct answer(s):
  • Approximately $1.706 trillion

About how large was Florida’s real GDP in 2025 in chained 2017 dollars?

  • $2.377 trillion
  • $1.377 trillion
  • $1.806 trillion
  • $377 billion
Correct answer(s):
  • $1.377 trillion

Which value is Florida’s revised 2024 real GDP in chained 2017 dollars?

  • Approximately $1.339 trillion
  • Approximately $1.706 trillion
  • Approximately $339 billion
  • Approximately $2.339 trillion
Correct answer(s):
  • Approximately $1.339 trillion

How did Florida rank by nominal state GDP in 2025?

  • Fourth, after California, Texas and New York
  • Seventh, behind Washington
  • First, ahead of California
  • Third, after Texas and New York
Correct answer(s):
  • Fourth, after California, Texas and New York

What was Florida’s approximate real GDP growth from 2024 to 2025 using revised annual data?

  • 12.8%
  • 28%
  • -2.8%
  • 2.8%
Correct answer(s):
  • 2.8%

Using 2025 nominal GDP and July 2025 population, Florida’s GDP per resident was closest to what?

  • $76,960
  • $26,960
  • $176,960
  • $7,696
Correct answer(s):
  • $76,960

What does GDP per resident in Florida measure?

  • Economic output divided by the resident population
  • Average income tax paid per household
  • Median annual wage for every worker
  • Median household savings
Correct answer(s):
  • Economic output divided by the resident population

How should Florida’s chained-dollar real GDP be interpreted?

  • As the number of visitors
  • As the balance in state government accounts
  • As literal cash paid in 2017 only
  • As output adjusted for prices, not cash spending totals
Correct answer(s):
  • As output adjusted for prices, not cash spending totals