The formula to calculate economic growth from 2001 to 2002 is given by ?

Related Mcqs:

1. The formula to calculate Passche price index is (o is the base year and n is the given year) ?

   A. P = ΣPnqn/Σpoqn
   B. P = ΣPoqo/Σpnqn
   C. P = ΣPnqo/Σpoqo
   D. P = ΣPnqn/Σpoqo

2. Given recent information about growth trends and growth potential of ethnic populations within the U.S market which of the following ethnic groups would be a best bet to double during the next half century and become one of the U.S market’s most viable segments ?

   A. Hispanics and Asians
   B. African Americans
   C. Western Europeans
   D. Middle Eastern

3. Economic growth from current year (c) to previous year (p) is given by ?

   A. [(GDPc – GDPp)/ DGPp]100
   B. [(GDPc – GDPp) DGPp]100
   C. GNPc – DGPp100)
   D. [GDPp – GDPc]100

4. The formula for the Laspeyres price index is (o is the base year and n is the given year) ?

   A. P = ∑Poqo/∑poqo
   B. P = ∑Poqo/∑pnqn
   C. P = ∑Pnqo/∑poqo
   D. P = ∑Poqn/∑poqo

5. Which of the following country was not a major LDC debtor in 2001 ?

   A. Brazil
   B. Argentina
   C. Thailand
   D. Malaysia

6. Space Satellite Badr II was launched on December 10, 2001 when Pakistan launched Pak Sat I ?

   A. December 29, 2002
   B. December 25, 2002
   C. January 25, 2003
   D. February 15, 2003

7. The production of wheat in 2001-2 dropped by 2.9 percent. What was the size of wheat crop this year ?

   A. 18475 thousand tones
   B. 13475 thousand tones
   C. 19475 thousand tones
   D. 16475 thousand tones

8. What was the total inflow of irrigation water in 2001-2 ?

   A. 91 MAF
   B. 86.9 MAF
   C. 100.9 MAF
   D. 76.9 MAF

9. Micheal Roemer’s three-sector model shows that growth in the booming export sector I- reduces the price of foreign exchange II- retards other sectors’ growth by reducing incentives to export other commodities III- reduces incentives to replace domestic goods for imports IV- raises factor and input prices for non-booming sectors ?

   A. I and III only
   B. II and III only
   C. I, II and III only
   D. I, II , III only IV

10. The neoclassical theory of growth identifier the steady state rate of growth as the ____ just sufficient to keep _____ constant while labor grows?

    A. saving, investment
    B. capital per person, productivity
    C. labor growth, output
    D. investment capital per person