Quiz 1 - Macroeconomics

In calculating GDP of that sector, we know that the total value added of that sector is .......

• $3.5

• $10.0

• $15.5

• $31.0

Daffa buys stock $1,000. He has to pay $50 for broker fee. How much can be counted in GDP?

• $1000 (only the stock)

• $1050 (stock + broker fee)

• $0 (neither stock nor broker fee)

• $50 (only the broker fee)

Which of these following example can be counted in GDP?

• Your grandmother wins $10 million in the lottery

• Company A takeover by purchasing all the assets of Company B

• Buy mozzarella cheese to store it as restaurant's inventory

• You buy a used copy of this textbook

Gross National Product minus Net National Product is called ...

• Net National Product

• Gross Domestic Product

• Indirect Tax

• Depreciation

Please calculate Nominal GDP in 2017...

• $6.7

• $5.1

• $8.4

• No answers are correct

How much Deflator GDP in 2018?

• 100

• 123.45

• 125.37

• 127.35

Please calculate economic growth from the data above!

• 37.13%

• 33.17%

• 30.37%

• 31.37%

Which one is considered to be business fixed investment?

• Build a new house

• Increase stock in warehouse

• Build a new factory plant

• Buy a sharia mutual fund

The term when govt budget deficit raising real interest rate and decrease investment is called

• Ricardo-barro effect

• Crowding - in effect

• Multiplier effect

• Crowding - out effect

if we pay tax and consume goods, but still have money left, we keep the money in the bank as

• Private Saving

• Public Saving

• National Saving

• Investment Saving