World Economic Indicators MCQs with Answers

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World Economic Indicators Online MCQs with Answers

Which economic indicator measures the total value of goods and services produced within a country in a given year?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) GNI (Gross National Income)

Answer
a) GDP (Gross Domestic Product)

Which economic indicator measures the average price level of goods and services consumed by households?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) GNI (Gross National Income)

Answer
b) CPI (Consumer Price Index)

Which economic indicator measures the flow of funds from one country to another for the purpose of establishing a business or acquiring assets?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) GNI (Gross National Income)

Answer
c) FDI (Foreign Direct Investment)

Which economic indicator measures the total income earned by a country’s residents, including income from abroad?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) GNI (Gross National Income)

Answer
d) GNI (Gross National Income)

Which economic indicator measures the percentage change in the general price level of goods and services over a specified period?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) GNI (Gross National Income)

Answer
b) CPI (Consumer Price Index)

Which economic indicator measures the total value of a country’s exports minus the total value of its imports?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Balance of Trade

Answer
d) Balance of Trade

Which economic indicator measures the rate at which the general level of prices for goods and services is rising and, consequently, the purchasing power of currency is falling?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Inflation Rate

Answer
d) Inflation Rate

Which economic indicator measures the total value of all final goods and services produced by the residents of a country in a specific period?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) GNI (Gross National Income)

Answer
a) GDP (Gross Domestic Product)

Which economic indicator measures the percentage of the labor force that is unemployed and actively seeking employment?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Unemployment Rate

Answer
d) Unemployment Rate

Which economic indicator measures the total value of goods and services produced by a country’s residents and businesses, regardless of location, in a given year?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) GNI (Gross National Income)

Answer
d) GNI (Gross National Income)

Which economic indicator measures the change in the average prices of a basket of goods and services consumed by urban households?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) GNI (Gross National Income)

Answer
b) CPI (Consumer Price Index)

Which economic indicator measures the rate at which the general level of prices for goods and services is falling and, consequently, the purchasing power of currency is increasing?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Deflation Rate

Answer
d) Deflation Rate

Which economic indicator measures the total value of all goods and services produced by a country’s residents and businesses within a specific period, regardless of ownership?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) GNI (Gross National Income)

Answer
a) GDP (Gross Domestic Product)

Which economic indicator measures the percentage of the total labor force that is employed and actively working?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Employment Rate

Answer
d) Employment Rate

Which economic indicator measures the difference between a country’s total income from abroad and its total payments to foreign residents?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Current Account Balance

Answer
d) Current Account Balance

Which economic indicator measures the total value of a country’s exports and imports of goods and services?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Balance of Payments

Answer
d) Balance of Payments

Which economic indicator measures the rate at which the general level of prices for goods and services is rising over time?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Inflation Rate

Answer
d) Inflation Rate

Which economic indicator measures the total value of a country’s exports of goods and services in a given year?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Export Volume

Answer
d) Export Volume

Which economic indicator measures the percentage change in the value of a country’s total output of goods and services over a specific period?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Economic Growth Rate

Answer
d) Economic Growth Rate

Which economic indicator measures the value of a country’s total domestic and foreign investments in a given year?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Investment Rate

Answer
c) FDI (Foreign Direct Investment)

Which economic indicator measures the average level of prices for goods and services consumed by households and businesses?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Inflation Rate

Answer
b) CPI (Consumer Price Index)

Which economic indicator measures the total value of a country’s imports of goods and services in a given year?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Import Volume

Answer
d) Import Volume

Which economic indicator measures the difference between a country’s total exports and its total imports of goods and services?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Trade Balance

Answer
d) Trade Balance

Which economic indicator measures the rate at which the general level of prices for goods and services is decreasing over time?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Deflation Rate

Answer
d) Deflation Rate

Which economic indicator measures the value of a country’s total domestic investment in a given year?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Gross Fixed Capital Formation

Answer
d) Gross Fixed Capital Formation

Which economic indicator measures the average income earned per person in a country in a given year?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) GNI per Capita

Answer
d) GNI per Capita

Which economic indicator measures the total value of goods and services produced by a country’s residents and businesses, adjusted for inflation?
a) Real GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) GNI (Gross National Income)

Answer
a) Real GDP (Gross Domestic Product)

Which economic indicator measures the rate at which the general level of prices for goods and services is rising, excluding food and energy prices?
a) GDP (Gross Domestic Product)
b) Core Inflation Rate
c) FDI (Foreign Direct Investment)
d) GNI (Gross National Income)

Answer
b) Core Inflation Rate

Which economic indicator measures the value of a country’s total exports of goods and services minus the value of its total imports?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Net Export Value

Answer
d) Net Export Value

Which economic indicator measures the percentage change in the total value of a country’s exports over a specific period?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Export Growth Rate

Answer
d) Export Growth Rate

Which economic indicator measures the rate at which the general level of prices for goods and services is rising, including food and energy prices?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Inflation Rate

Answer
d) Inflation Rate

Which economic indicator measures the total value of a country’s goods and services produced by its residents and businesses, adjusted for population size?
a) GDP per Capita (Gross Domestic Product per Capita)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) GNI (Gross National Income)

Answer
a) GDP per Capita (Gross Domestic Product per Capita)

Which economic indicator measures the total value of a country’s goods and services produced within its borders, regardless of the nationality of the producer?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) GNI (Gross National Income)

Answer
a) GDP (Gross Domestic Product)

Which economic indicator measures the total value of all final goods and services produced within a country’s borders in a given year?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) GNI (Gross National Income)

Answer
a) GDP (Gross Domestic Product)

Which economic indicator measures the average income earned per person in a country, adjusted for inflation, in a given year?
a) Real GDP (Gross Domestic Product) per Capita
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) GNI (Gross National Income) per Capita

Answer
d) GNI (Gross National Income) per Capita

Which economic indicator measures the percentage change in a country’s total output of goods and services over a specific period, adjusted for inflation?
a) Real GDP (Gross Domestic Product) Growth Rate
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) GNI (Gross National Income) Growth Rate

Answer
a) Real GDP (Gross Domestic Product) Growth Rate

Which economic indicator measures the value of a country’s total investment in fixed assets, such as buildings and machinery, in a given year?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Gross Fixed Capital Formation

Answer
d) Gross Fixed Capital Formation

Which economic indicator measures the total value of a country’s goods and services produced by its residents and businesses, regardless of location?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) GNI (Gross National Income)

Answer
d) GNI (Gross National Income)

Which economic indicator measures the average level of prices for goods and services consumed by households, adjusted for inflation?
a) Real CPI (Consumer Price Index)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) GNI (Gross National Income)

Answer
a) Real CPI (Consumer Price Index)

Which economic indicator measures the total value of a country’s exports and imports of goods and services, including income from abroad?
a) GDP (Gross Domestic Product)
b) CPI (Consumer Price Index)
c) FDI (Foreign Direct Investment)
d) Balance of Payments

Answer
d) Balance of Payments

 

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