The world bank has replaced gross national product with…….
a) Gross national income
b) gross domestic product
c) inflation
d) unemployment
Which of the following is also known as wealth gap?
a) Gross national product
b) inflation
c) wealth inequality
d) unemployment
The constant increase in aggregate prices of services and goods is called………..
a) Gross national product
b) gross domestic product
c) inflation
d) unemployment
When price are falling
continuously, the phenomenon is called………
a) inflation
b) stagflation
c) deflation
d) none of these
The main reason of inflation is the devaluation of………
a) security
b) political system
c) currency
d) all of these
Value of currency is obtained from the worth of goods and services which is called……
a)Global Demand for Production
b) Global Petroleum Corporation
c) Gross Domestic Product
d) General Demand for Production
