7-If both the nominal and real GDP of an economy are the same value, the general price level of the economy: 1 -is risin
Posted: Sun Jun 05, 2022 3:52 pm
7-If both the nominal and real GDP of an economy are the same value, the general price level of the economy:
1 -is rising 2 -is falling
3. may be rising falling or remains unchanged
4-remains unchanged
8-Suppose the nominal GNP and the price level increase by 10 % and 5 % respectively , but the population decreases by 10 % . Then the per capita nominal GNP will and the per capita real GNP will A. increase ... increase B. decrease ... decrease C. increase ... remain unchanged D. remain unchanged ... increase
9-Ahmad sells 5100 worth of cutton to Nabil, Nabil turns the cotton into cloth, which he sells to Kamel for $300. Kamel
uses the cloth to make prom dresses that she sells to Dania for $700. Dania sell the dress for $1200 kids
attending the part. The total contribution to GDP of this series of transactions is:1-1200 2. $500
3. $2300
4.1100
10-As economy produces $15 billion in investment goods and $100 billion in consumption goods. All investment goods were sold, hat only $90 billion of the consumption were sold. There is no government or international trade. What was GDP:1-100 2-115 3-122 4-85
11-It is expected that there will be record-high number of tourists visiting Jordan in year 2017. This will increase Jordan’s:1-GDP 2-visible trade 3-consumer price index 4-net external factor income flows
1 -is rising 2 -is falling
3. may be rising falling or remains unchanged
4-remains unchanged
8-Suppose the nominal GNP and the price level increase by 10 % and 5 % respectively , but the population decreases by 10 % . Then the per capita nominal GNP will and the per capita real GNP will A. increase ... increase B. decrease ... decrease C. increase ... remain unchanged D. remain unchanged ... increase
9-Ahmad sells 5100 worth of cutton to Nabil, Nabil turns the cotton into cloth, which he sells to Kamel for $300. Kamel
uses the cloth to make prom dresses that she sells to Dania for $700. Dania sell the dress for $1200 kids
attending the part. The total contribution to GDP of this series of transactions is:1-1200 2. $500
3. $2300
4.1100
10-As economy produces $15 billion in investment goods and $100 billion in consumption goods. All investment goods were sold, hat only $90 billion of the consumption were sold. There is no government or international trade. What was GDP:1-100 2-115 3-122 4-85
11-It is expected that there will be record-high number of tourists visiting Jordan in year 2017. This will increase Jordan’s:1-GDP 2-visible trade 3-consumer price index 4-net external factor income flows