A. 19.8%
B. 10.3%
C. 9.2%
D. 11.5%
Related Mcqs:
- Pakistan’s Gross Domestic Product (in contrast to Gross National Product) measures the production and income of ?
A. Pakistan -owned firms no matter where they are located in the world
B. The domestic manufacturing sector only
C. The domestic service sector only
D. People and factories located within the borders of the Pakistan
E. none of these answers - With fixed exchange rates and no private currency flows, when the central bank buys domestic currency the domestic money supply is ?
A. increased
B. unaffected
C. reduced
D. None of these - The difference between gross investment and net investment is ?
A. depreciation of the existing capital stock
B. productive investment
C. dwellings
D. inventories - What is called the sequence of economic activity which is typically characterized by recession, fiscal recovery, growth and fiscal decline ?
A. Economic Cycle
B. Business Cycle
C. Complete Cycle
D. Cycle Business - Fiscal policy is weak under floating exchanges rates as fiscal expansion ?
A. crowds out imports
B. crowds out public consumption
C. crowds out exports
D. reduces the budget deficit - Throughout most of humankind’s existence, population grew at a rate of ________ per year?
A. 10%
B. 0.002%
C. 2%
D. 0.5% - What is measured by Gross domestic product (GDP)?
A. Value of all economic activity within nation’s border
B. Economic output of a country
C. Economic activity of federal government
D. None of these - In the calculation of gross domestic product net exports are ?
A. the sum of merchandise trade and services
B. the current account plus long-term capital
C. the value of merchandise exports minus imports
D. short-term capital plus the basic balance - Gross Domestic Product can be measured as the sum of ?
A. final goods and services intermediate goods, transfer payments, and rent
B. consumption investment government purchases and net exports
C. consumption transfer payments. wages and profits.
D. Net National Product Gross National Product, and Disposable personal income
E. investment wages profits and intermediate production - What is gross domestic product (GDP) ?
A. income earned through foreign exchange
B. the number of dollars earned in industry
C. income earned within a country’s boundaries
D. goods received from the nation’s residents