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Economics Mcqs

According to chapter 2 in the text which of the following is true ?

Economics Mcqs, The Meaning and Measurement of Economic Development /
According to chapter 2 in the text which of the following is true ?

A. The boundary between rich and poor countries has become clearer in 1990s
B. The fastest growing countries must be the ones with the highest per capita GNP
C. A few poor countries like South Korea and Malaysia in the 1950s grew much more rapidly than some higher-income countries like Uruguay and New Zealand
D. Today all high and Upper-middle income countries are Western.

According to chapter 2 in the text which of the following is true ? Read More »

Economics Mcqs, The Meaning and Measurement of Economic Development

IF GDP for Maldivies is $435 million in 2012 and the GDP per capita is $1576.087 the population of the country must be ?

Economics Mcqs, The Meaning and Measurement of Economic Development /
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 Maldivies is $435 million in 2012 and the GDP per capita is $1576.087 the population of the country must be ? Read More »

Economics Mcqs, The Meaning and Measurement of Economic Development

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 ?

Economics Mcqs, The Meaning and Measurement of Economic Development /
If GDP for Palau a small country near southeast of the Philipes 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 Palau a small country near southeast of the Philippines is $130 million in 2012 and its population is 20,000 GDP per capita is ? Read More »

Economics Mcqs, The Meaning and Measurement of Economic Development

IF GNP per capita at constant prices for Liechtenstein a microstate of 29,000 people located on the Rhine River between Switzerland and Austri is US$555 and US$560 in 2011 and 2012 respectively, the real economic growth from 2011 to 2012 is ?

Economics Mcqs, The Meaning and Measurement of Economic Development /
IF GNP per capita at constant prices for Liechtenstein a microstate of 29,000 people located on the Rhine River between Switzerland and Austri is US$555 and US$560 in 2011 and 2012 respectively, the real economic growth from 2011 to 2012 is ?

A. 5%
B. 0.901%
C. 0.090%
D. 0.991%

IF GNP per capita at constant prices for Liechtenstein a microstate of 29,000 people located on the Rhine River between Switzerland and Austri is US$555 and US$560 in 2011 and 2012 respectively, the real economic growth from 2011 to 2012 is ? Read More »

Economics Mcqs, The Meaning and Measurement of Economic Development

Tuvalu is composed of 9 coral atolls along a 360-mile chain in Polynesia They gained independence in 1978 The former Ellice Island are home to 9,700 people if GNP of Tuvalu is $300 million in 2005 GNP per capital is ?

Economics Mcqs, The Meaning and Measurement of Economic Development /
Tuvalu is composed of 9 coral atolls along a 360-mile chain in Polynesia They gained independence in 1978 The former Ellice Island are home to 9,700 people if GNP of Tuvalu is $300 million in 2005 GNP per capital is ?

A. 9700 (1978 / 2005)
B. 300 / 360
C. 300 000 000 / 9700
D. 32.333

Tuvalu is composed of 9 coral atolls along a 360-mile chain in Polynesia They gained independence in 1978 The former Ellice Island are home to 9,700 people if GNP of Tuvalu is $300 million in 2005 GNP per capital is ? Read More »

Economics Mcqs, The Meaning and Measurement of Economic Development

For given government spending and taxation the government budget deficit will grow in _________ and decline in __________?

Economics Mcqs, The National Economy /
For given government spending and taxation the government budget deficit will grow in _________ and decline in __________?

A. booms, booms
B. recession, recession
C. booms, recessions
D. recessions, booms

For given government spending and taxation the government budget deficit will grow in _________ and decline in __________? Read More »

Economics Mcqs, The National Economy