A. GDP
B. NNp
C. NDP
D. GNP
Related Mcqs:
- The amount by which a nation’s import of goods (or goods and services) exceeds its export of goods or goods and services is________________?
A. Trade surplus
B. Trade deficit
C. Trade bloc
D. None - The amount by which a nation’s export of goods (or goods and services) exceeds its import of goods or goods and services is_______________?
A. Trade surplus
B. Trade deficit
C. Trade off
D. None - The export of goods (or goods and services) of a nation less its imports of goods (or goods and services)__________________?
A. Trade Balance
B. Trade deficit
C. Trade surplus
D. None - All goods and services produced in a country in one year are called its__________________?
A. GNP
B. GDP
C. NDP
D. None of these - Loans not passed through formal banking system e.g. family loans?
A. Formal finance
B. Informal finance
C. Med term loans
D. Long term loans - A section in a nation’s international balance of payments which records its export and import of goods and services, its net investment income, and its net transfers ?
A. Current account
B. Fixed account
C. Saving account
D. Capital account - A household’s or firm’s income in the form of goods or services ?
A. Extra income
B. Income in kind
C. Fixed income
D. None - Employment available resources so that the maximum amount of goods and services is produced?
A. Large scale production
B. Full production
C. Fringe benefits
D. None - From of central bank that issues domestic currency for foreign exchange at fixed rates ?
A. Stock exchange
B. Currency board
C. State Bank
D. Commercial Bank - The use of foreign currency as a medium of exchange in place of or long with the local currency e.g. (Mdexican Pesos)___________________?
A. Partial substitution
B. Currency substitution
C. Currency devaluation
D. None
