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Economics Past Questions and Answers

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Economics Questions

Question 636:

What is the growth rate of GNP?

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A 18%
B 10%
C 6.7%
D 0.5%
E 4.1%3

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Question 637:

What is the growth rate of employment?

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A 18%
B 10%
C 6.7%
D 5.7%
E 4.1%

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Question 638:

Which of the following is NOT include in measuring national income by the income approach?

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A Wages and salaries of public servant
B Student grants and scholarship
C Profit of companies
D Income earned by self employed persons such as lawyers
E Rents on property

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Question 639:

Which of the following is NOT include in measuring national income by the income approach?

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A Wages and salaries of public servant
B Student grants and scholarship
C Profit of companies
D Income earned by self employed persons such as lawyers
E Rents on property

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Question 640:

A downward sloping demand curve intersect a fixed supply curve, A shift of this demand curve to the right implies that?

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A Both price and quantity will increased
B Only price increases
C Only quantity increases
D The price remains constant
E The price falls

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