A. Gross National Product adjusted for inflation
B. Gross Domestic Product adjusted for inflation
C. Gross Domestic Product plus net property income from abroad
D. Gross National Product minus depreciation
A. USA
B. India
C. Cuba
D. Brazil
A. Consumption in increase by Rs40,000 and net export decreases by Rs40,000
B. Net exports increase by Rs40,000
C. There is no impact because this transaction does not involve domestic production
D. Investment increased by Rs40,000 and net exports increases by Rs40,000
A. the benefit that accrues to the buyer in a market
B. the cost that accrues to the seller in a market
C. none of these answers
D. the compensation paid to a firm’s external consultants.
E. The uncompensated impact of one person’s actions on the well-being of a bystander
A. Is likely to reduce savings
B. Is likely to reduce the external value of the currency
C. Leads to a shift in the MEC schedule
D. Leads to a movement along the MEC schedule
A. are central banks
B. are branches of commercial banks
C. use fiscal policy to influence GDP
D. loan money to most of LDC commercial banks
A. 164 persons per square KM
B. 185 persons per square KM
C. 150 persons per square KM
D. 158 persons per square KM