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Equation for measuring gross national product

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Reference no: EM133145027

1- The equation for measuring gross national product is:

  • a- GNP = GDP + NR - NP
  • b- GNP = GDP - NR + NP
  • c- GNP + GDP + NR + NP
  • d-GNP + GDP - NR - NP

2- The central bank of Lithutia charges an interest rate of 2 percent from the country's commercial banks to borrow money. In this scenario, the interest rate is called the _____.

  • tax rate
  • discount rate
  • exchange rate
  • premium rate

3. A country in Southeast Asia, is experiencing a decline in gross domestic product (GDP) growth rate. Which of the following is most likely a reason for its slow economic growth?

  • Decline in private consumption and investment
  • Deregulation of industries
  • Increase in large discretionary purchases
  • Adoption of a floating exchange rate

Reference no: EM133145027

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