All of the following are low income countries except ?

A. United arab emirates
B. Armenia
C. Sudan
D. Bangladesh

If GDP for Palau a small country near southeast of the Philippines is $130 million in 2012 and its population is 20,000 GDP per capita is ?

A. 6500
B. 130
C. 0.0065
D. 650

IF GDP for Maldivies is $435 million in 2012 and the GDP per capita is $1576.087 the population of the country must be ?

A. 276,000
B. 1576,086
C. 0.276
D. 3.623

Economic development refers to ?

A. Economic growth
B. Economic growth plus changes in (c) output distribution and economic structure
C. Improvement in the well-being of the urban population
D. Sustainable increase in gross national product

Tuvalu is composed of 9 coral atolls along a 360-mile chain in Polynesia They gained independence in 1978 The former Ellice Island are home to 9,700 people if GNP of Tuvalu is $300 million in 2005 GNP per capital is ?

A. 9700 (1978 / 2005)
B. 300 / 360
C. 300 000 000 / 9700
D. 32.333

IF GNP per capita at constant prices for Liechtenstein a microstate of 29,000 people located on the Rhine River between Switzerland and Austri is US$555 and US$560 in 2011 and 2012 respectively, the real economic growth from 2011 to 2012 is ?

A. 5%
B. 0.901%
C. 0.090%
D. 0.991%

For given government spending and taxation the government budget deficit will grow in _________ and decline in __________?

A. Booms, booms
B. Recession, recession
C. Booms, recessions
D. Recessions, booms

The total multiplier for the economy will reflect ?

A. Mpc and mpt
B. Mpt and mpz
C. Mpc and mpz
D. Mpc, mpt and mpz

In an Open economy leakage to imports ____________ the value of the multiplier ?

A. Reduce
B. Increase
C. Do not change
D. None of the above

Lespeyres type indexes use weights from_____________?

A. Current period
B. Base-period
C. Forecasting
D. Future year