Chapter 1. Tracking the Macroeconomy

1.1

Econ Tutorial
As you progress through the tutorial, the question sequences will become available. You must complete all the question sequences to receive credit for this tutorial.
Tutorial

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Good job!
Incorrect! The value of GDP is found by summing up C + I + G + (X – IM). Add up all categories (and remember to subtract imports) and you have $2952 billion.

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Good job!
Incorrect! The unemployment rate is defined as the # unemployed/total labor force. In this case the labor force = unemployed + employed = 190,000,000. The unemployment rate is therefore 40,000,000/190,000,000 = 21.05%.
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