GDP and National Income Practice

Build GDP from its four spending components and see how each one adds to the total. Then answer five exam-style questions on what counts, what does not, and the gap between nominal and real GDP.

One tile of the full GDP and national income unit.

The course teaches GDP and national income interactively — drag the graphs, practice with feedback, and spaced reviews bring it back before you forget. Free.

Interactive graph

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Five practice questions

Pick an answer, then click Check answer to see the explanation.

Question 1 of 5

Using the expenditure approach, GDP = C + I + G + NX. What does the investment term (I) actually count?

Question 2 of 5

Which of the following is counted in this year's GDP?

Question 3 of 5

What is the difference between nominal GDP and real GDP?

Question 4 of 5

Which of the following is NOT counted in GDP?

Question 5 of 5

Over one year, nominal GDP rises by 6 percent while the price level also rises by 6 percent. What happened to real GDP?

What the course adds

Beyond this one page

The GDP unit covers all three approaches to measuring output, the final-versus-intermediate trap, and the nominal-to-real conversion — with worked examples and practice that pulls from your weak spots.

Spaced reviews

FSRS brings every concept back right before you'd forget. ~50% better retention than re-reading.

Per-concept mastery

Performance Factor Analysis tracks each sub-skill separately — you see which version of the idea is still wobbly.

Diagnostic placement

A short test skips you past what you already know. No re-learning the basics.

For instructors

Assign this to your class

Free, no account needed for students. Paste either snippet into Canvas, Moodle, Blackboard, Google Classroom, or your slide deck.

Sends students to the full page with the worked example and related lessons.

Inlines just the interactive widget in your LMS — no nav, no footer, no signup wall.

Want the full macroeconomics course behind this?

The Econ Academy macro course covers GDP, inflation, unemployment, and policy — with interactive graphs, adaptive practice, and spaced repetition so you stop forgetting what you just learned.

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