Suppose a country produces only two goods, pizza and soda. Given the information in the table below, nominal GDP, real GDP, and the GDP deflator in 2005 are (assume 2004 is the base year):

A

800 400 200

B

130 260 50

C

260 130 200

D

260 196 133

Suppose a country produces only two goods, pizza and soda. Given the information in the table below, nominal GDP, real GDP, and the GDP deflator in 2005 are (assume 2004 is the base year): Correct Answer 260 130 200

(C)

শেয়ার করুন বন্ধুর সাথে

বিসিএস, ব্যাংক, প্রাইমারি সহ সরকারি বেসরকারি চাকুরীর পরীক্ষার প্রস্তুতির জন্য ডাউনলোড করুন Bissoy অ্যাপ

Related MCQ's

Suppose, there are 7 of your friends who want to eat pizza (8 distinct people in total). You order a 16-cut pizza (16 identical slices). How many distributions of pizza slices are there if each person gets at least one slice of pizza?

A

346

B

6435

C

3214

D

765

If the area of a smalll pizza is 78.5 in2 , what size pizza box would best fit the small pizza? (Note: pizza boxes are measured according to the length of one side.)

A

12 in

B

11 in

C

9 in

D

10 in

If nominal GDP equals $5,000 and real GDP equals $4,000, then the GDP Deflator equals

A

125

B

1.25

C

800

D

.8

If nominal GDP equals $6,000 and the GDP deflator equals 200, then real GDP equals

A

$30

B

$3,000

C

$12,000

D

$1,200

The GDP Deflator differs from the CPI in that the GDP Deflator

A

is thought to slightly overestimate the inflation rate

B

uses base year quantities in its calculations

C

incorporates both current year prices and base year prices

D

incorporates current year quantities in its calculations

Read the following information and answer the following questions below. In a class of 90 students, 80 students like burger or pizza.
62 like burger and 56 like pizza. How many like both burger and pizza?

A

24

B

38

C

32

D

18

Read the following information and answer the following questions below. In a class of 90 students, 80 students like burger or pizza.
62 like burger and 56 like pizza. How many like neither burger nor pizza?

A

10

B

28

C

16

D

14

Given below are two statements, one labelled as Assertion (A) and the other labelled as Reason (R). Read the statements and choose the correct answer:
Assertion (A) The nominal interest rate comprises of a real interest rate and an expected rate of inflation and it adjusts when the inflation rate is expected to change. Hence, in the perfect international capital markets, real rate of returns are equal in the two countries.
Reason (R) The international fisher effects states that the nominal interest rate differential must be equal to the expected inflation rate differential In the two countries.

A

Both (A) and (R) are correct and (R) is the right explanation of (A)

B

Both (A) and (R) are correct, but (R) is not the right explanation of (A)

C

(A) is correct, but (R) is not correct

D

Both (A) and (R) are incorrect

Assume Country Z only produces hot dogs and buns. Given the table below, what is the value of GDP in Country Z?

A

$1.50

B

$12.00

C

$6.00

D

$8.00

If the area of a small pizza is 78.5 in. what size pizza box would best fit the small pizza?

A

12 in

B

11 in

C

9 in

D

10 in