Complete the Following Using the Terms Listed

question 16

Multiple Choice

Complete the following using the terms listed.
-_____ is the sum of all goods and services produced within a country's borders.

• A)Consumer Price Index (CPI)
• B)Inflation
• C)Gross domestic product (GDP)
• D)fiscal policy
• E)monetary policy
• F)equilibrium price
• G)budget deficit
• H)Pure competition
• I)supply
• J)Demand
• K)Productivity
• L)recession
• M)microeconomics
• N)oligopoly
• O)monopoly

---

Definitions:

Supreme Court Justice

A member of the U.S. Supreme Court, the highest federal court in the United States, appointed for life by the president with Senate confirmation.

John Roberts

The 17th and current Chief Justice of the United States, having been appointed in 2005, known for his work on the Supreme Court.

William Rehnquist

William Rehnquist served as an Associate Justice of the Supreme Court of the United States from 1972 to 1986, and then as Chief Justice from 1986 until his death in 2005, noted for his conservative jurisprudence.

No Child Left Behind Act

A 2001 U.S. act of Congress that reauthorized the Elementary and Secondary Education Act; it supported standards-based education reform based on the principle that setting high standards and establishing measurable goals could improve individual outcomes in education.