Economic development is measured on the basis of ? A. Increase in nominal GNPB. Increase in real GNP C. Increase in personal income D. Increase in government revenue

When the stock market is rising it is ? A. BearishB. Bullish C. Hottest D. Rising up

What would cause a country’s exchange rate to fall ? A. An increases demand for its exportsB. Increased demand for its imports C. An increased inflow of capital D. None of the above

The cause of inflation is ? A. Increase in money supply B. Fall in productionC. Increase in money supply and fall in production D. Decrease in money supply and fall in production

According to the law of demand. When ? A. Price increase demand decreases B. Price decreases demand decreases C. Price increased demand increases D. None of these

Gross National income is always more than Net National income because it includes ? A. Foreign incomeB. Capital consumption allowance C. Indirect taxes D. Direct taxes

A budgetary deficit means ? 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

Economic development ? A. Is the same as economic growthB. Means improvement in lifestyle C. Exists when there is equal distribution of income D. All of the above

Which of the following is a withdraw from the circular flow income stream ? A. Investment B. SubsidiesC. Taxation D. Consumption