A. 20%
B. 4%
C. 3.5%
D. 2.7%
Related Mcqs:
- Livestock sector accounts for nearly 36 percent of agriculture value added and about 9.0 percent of the ?
A. GDP
B. GNP
C. export earnings
D. budget - Rice account for 6.6 percent in value added in agriculture. What is its contribution in GDP ?
A. 19%
B. 1.6%
C. 22%
D. 6.1% - The share of sugarcane crop in value added in agriculture is 6.3 percent What is the share in GDP ?
A. 5.1%
B. 1.5%
C. 6%
D. 4% - For the United States suppose the annual interest rate on government securities equals 8 percent while the annual inflation rate equals 4 percent, For Switzerland the annual interest rate on government securities equal 10 percent while the annual inflation rate equals 7 percent the above variables would cause investment funds to flow from ?
A. the United States to Switzerland causing the dollar to depreciate
B. the United States to Switzerland causing the dollar to appreciate
C. Switzerland to the United States causing the franc to depreciate
D. Switzerland to the United States causing the franc to appreciate - For the United States suppose the annual interest rate on government securities equals 12 percent while the annual inflation rate equals 8 percent For Japan the annual interest rate on government securities equals 10 percent while the annual inflation rate equals 5 percent the above variables would cause investment funds to flow from ?
A. The United States to Japan causing the dollar to depreciate
B. The United States to Japan causing the dollar to appreciate
C. The Japan to United States, causing the dollar to depreciate
D. The Japan to United States, causing the dollar to appreciate - If two countries start with the same real GDP/person and one country grows at 2 percent while the other grows at 4 percent ?
A. one country will always have 2 percent more real GDP/person than the other
B. the standard of living in the country growing at 4 percent will start to accelerate away from the slower growing country due to compound growth
C. the standard of living in the two countries will converge
D. Next year the country growing at 4 percent will have twice the GDP/person as the country growing at 2 percent - Real GDP is nominal GDP measured in constant ?
A. taxes
B. prices
C. exchange rates
D. interest rates - If GDP for Palau a small country near southeast of the Philippines is $130 million in 2012 and its population is 20,000 GDP per capita is ?
A. 6500
B. 130
C. 0.0065
D. 650 - IF GDP for Maldivies is $435 million in 2012 and the GDP per capita is $1576.087 the population of the country must be ?
A. 276,000
B. 1576,086
C. 0.276
D. 3.623 - If nominal GDP in 2005 exceeds nominal GDP in 2004, then the production of output ?
A. must have fallen
B. must have risen
C. must have stayed the same
D. may have risen fallen, or stayed the same because there is not enough information to determine what happened to real output