Topic

Economic Measurement

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Quizzes in Economic Measurement

Which choice gives the correct context for Delaware GDP per capita?

  • A valid Delaware GDP-per-capita calculation requires GDP and population data from one current figure and one undated estimate
  • A valid Delaware GDP-per-capita calculation requires GDP and population data from unrelated reference periods
  • A valid Delaware GDP-per-capita calculation requires GDP and population data from compatible reference periods
  • A valid Delaware GDP-per-capita calculation requires GDP and population data from different decades without adjustment
Correct answer(s):
  • A valid Delaware GDP-per-capita calculation requires GDP and population data from compatible reference periods

Which important values are generally outside state GDP accounting?

  • Market production
  • Paid professional services
  • Manufactured goods
  • Unpaid work, ecological services, cultural heritage, and distributional outcomes
Correct answer(s):
  • Unpaid work, ecological services, cultural heritage, and distributional outcomes