Basic of Economics

A. Increase in nominal GNP
B. Increase in real GNP
C. Increase in personal income
D. Increase in government revenue

A. Bearish
B. Bullish
C. Hottest
D. Rising up

A. An increases demand for its exports
B. Increased demand for its imports
C. An increased inflow of capital
D. None of the above

A. Increase in money supply
B. Fall in production
C. Increase in money supply and fall in production
D. Decrease in money supply and fall in production

A. Price increase demand decreases
B. Price decreases demand decreases
C. Price increased demand increases
D. None of these

A. Foreign income
B. Capital consumption allowance
C. Indirect taxes
D. Direct taxes

A. Total expenditure is more than total revenue
B. Current expenditure is more than current revenue
C. Capital expenditure is more than capital revenue
D. Total expenditure is more than current revenue

A. An increase in indirect taxes
B. An increase in managers salaries
C. An increase in progressive taxation
D. An increase in the rate of inflation

A. Is the same as economic growth
B. Means improvement in lifestyle
C. Exists when there is equal distribution of income
D. All of the above

A. Investment
B. Subsidies
C. Taxation
D. Consumption