A. 0.1%
B. 3.1
C. 1.1
D. 2.1
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Related Mcqs:
- 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 GDP for Barbados is $260 million in 2011 and its population is 260,000 GDP per capita is ?
A. 1000
B. 260
C. 0.001
D. 259740 - 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 - Real GDP is measured in __________ prices while nominal GDP is measured in _________ prices?
A. foreign; domestic
B. current year; base year
C. domestic; foreign
D. base year; current year
E. intermediate; final - If in Pakistan real GDP/person in 2004 is Rs18,073 and real GDP/person is 2005 is Rs18,635 What is the growth rate of real output per person over this period ?
A. 3.1 percent
B. 3.0 percent
C. 18.6 percent
D. 18.0 percent - Industry is the second largest sector of the economy. How much of GDP it accounts for ?
A. 16.5%
B. 18.2%
C. 19.7%
D. 20.5% - 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 - 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%
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