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Economics Past Questions and Answers
Classroom
Economics Questions
Question 4811:
GDP increases when:
SchoolNGR Classroom
A
Population declines sharply
B
Imports increase greatly
C
Savings disappear fully
D
Domestic production rises
View Answer & Explanation
Question 4812:
Which of the following contributes directly to national income?
SchoolNGR Classroom
A
Productive economic activities
B
Private family gifts
C
Illegal gambling activities
D
Transfer payment schemes
View Answer & Explanation
Question 4813:
One importance of per capita income is:
SchoolNGR Classroom
A
Calculating export duties
B
Measuring voting strength
C
Measuring average living standards
D
Predicting rainfall patterns
View Answer & Explanation
Question 4814:
Net factor income from abroad may be:
SchoolNGR Classroom
A
Equal to depreciation always
B
Always completely negative
C
Always completely positive
D
Positive or negative
View Answer & Explanation
Question 4815:
Per capita income is calculated by:
SchoolNGR Classroom
A
Tax revenue divided by GDP
B
National income divided by population
C
Population divided by GDP
D
Exports divided by imports
View Answer & Explanation
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