Let's Diving with Mdm Mas

Hai everyone, today I want to invite you to see the sea view BUT at the same time, you need to answer ALL the questions.

Education

3 plays

15 questions

MASLIZA BINTI MAZLAN

•over 4 years ago

Question 1

Multiple Choice

5 points

Gross Domestic Product (GDP) is the total money value of all final goods and services produced within a country in a given time period. It excluded _________________.

A.goods and services produced by consumers

B.goods and services produced by foreign workers working in Malaysia

C.goods and services produced by Malaysian citizens working in Malaysia

D.goods and services produced by Malaysian citizens working abroad

Question 2

Multiple Choice

5 points

Financial assistance and scholarship are the examples of ________________.

A.national income

B.personal income

C.transfer payment

D.per capita income

Question 3

Multiple Choice

5 points

One of the problems regarding the calculation of national income is __________________.

A.inflation

B.double-counting

C.unemployment

D.deficit balance of payments

Question 4

Multiple Choice

5 points

National income can be computed through the following approaches EXCEPT:

A.sum up all income.

B.sum up all expenditures.

C.sum up all output.

D.sum up the wages received.

Question 5

Multiple Choice

5 points

National Income data is used for _____________________.

A.designing economic sector activities

B.analyzing output quality

C.measuring unemployment rate

D.determining the foreign exchange rates

Question 6

Numerical Answer

5 points

The Gross National Product at the market price for Country X is RM______________ .

Question 7

Numerical Answer

5 points

The national income for Country X is RM_______________.

Question 8

Multiple Choice

5 points

The level of economic welfare of a country is indicated by the

A.gross national product per capita data

B.national income data

C.per capita income data

D.net national product data

Question 9

Multiple Choice

5 points

A country's gross national product in the current year is RM100 million, and the current price index is 150. The country's gross national product at the base year is _________________

A.RM333 million

B.RM66.67 million

C.RM1,000 million

D.RM1,500 million

Question 10

Multiple Choice

5 points

Calculate the country's net national product at factor cost

A.RM76,000 million

B.RM78,000 million

C.RM81,000 million

D.RM84,000 million

Question 11

Multiple Choice

5 points

Of the following, which is included in the calculation of national income?

A.Prize money of RM10,000 was awarded to a sales executive.

B.Interest paid to the holder of a government guarantee letter.

C.The value of accommodation paid by an employer as a part of an employee's wages.

D.Increased value of a house due to inflation

Question 12

True/False

5 points

National production means goods and services produced within the borders of a nation during a specified period.

A.True

B.False

Question 13

True/False

5 points

Income received from housewife activities is not included in the calculation of national income.

A.True

B.False

Question 14

True/False

5 points

The concept of added value is the increased value created for goods after undergoing the production process.

A.True

B.False

Question 15

Open-ended

5 points

Do you refer to the book to answer all the questions?