Contents

EconomicDevelopmentIndicators

(اقتصادی ترقی کے اشارے):

How many types of economic development indicators?
a) three 

b) six                     

c) five   

d) four

c

Explanation:GDP, GNP, wealth inequality, inflation, unemployment.



GDP stands for…….?
a) Gross Domestic Product             
b) Gross diet Product 

c) Gross display Product    
d) Gross distinct Product

a

Which represents the total monetary value of all finished goods and services is called?
a) Gross national product 
b) gross domestic product
c) inflation                                           

d) unemployment

b

What is the function of the GDP deflator?
a) It is a measure of inflation which evaluates the entire range of goods and services produced in the economy.
b) It shows real GDP growth on the basis of current production.
c) The GDP deflator is in real terms while the CPI is in nominal terms.    d) None of these

a

The gross domestic product is directly proportional to…….
a) Gross national product 
b) gross domestic product
c) level of development    

d) unemployment

c

The total value of all finished by goods and services produced by a country citizen is called
a) Gross national product               
b) gross domestic product
c) inflation                                           

d) unemployment

a