Topic

California Facts

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Quizzes in California Facts for HSC

U.S. Economy

How do major ports support California’s economy?

They stop international trade.
They eliminate all transportation costs.
They serve only local tourism.
They reduce the cost of connecting producers and consumers to global markets.

Correct answer(s):

They reduce the cost of connecting producers and consumers to global markets.

U.S. Economy

Why can port congestion affect businesses far from the harbor?

Containers never leave the port.
Delays spread through manufacturing, retail, trucking, rail, and warehousing.
Ports have no inland connections.
Only sailors are affected.

Correct answer(s):

Delays spread through manufacturing, retail, trucking, rail, and warehousing.

U.S. Economy

Which measure is most appropriate for comparing California’s total economic output with another state?

Population density
GDP
Median household income only
State tax revenue only

Correct answer(s):

GDP

U.S. Economy

Why can nominal GDP rise even when real production changes little?

Nominal GDP ignores prices.
Population density must fall.
Prices may rise.
The coastline becomes longer.

Correct answer(s):

Prices may rise.

U.S. Economy

Why do economists use real GDP?

To count only tax revenue
To calculate state borders
To measure rainfall
To measure output changes after adjusting for price changes

Correct answer(s):

To measure output changes after adjusting for price changes