Bahamian Economy

What is the currency of The Bahamas?

• Bahamian Dollar

• Jamaican Dollar

• Caribbean Dollar

• Cuban Peso

Which sector contributes the most to the Bahamian economy?

• Tourism

• Agriculture

• Fishing

• Manufacturing

What is the main export of The Bahamas?

• Textiles

• Fishery products

• Pharmaceutical products

• Automobiles

What is the unemployment rate in The Bahamas?

• The unemployment rate in The Bahamas is 8.7% as of 2021.

• The unemployment rate in The Bahamas is 10.1% as of 2021.

• The unemployment rate in The Bahamas is 15.3% as of 2021.

• The unemployment rate in The Bahamas is 5.5% as of 2021.

Who is responsible for monetary policy in The Bahamas?

• Central Bank of The Bahamas

• International Monetary Fund

• Ministry of Finance

• Bahamas Stock Exchange

What is the main source of revenue for the Bahamian government?

• Manufacturing

• Agriculture

• Tourism

• Fishing

What is the GDP per capita of The Bahamas?

• $32,400

• $25,700

• $28,100

• $30,900

What are the major industries in The Bahamas?

• Manufacturing, Fishing, Mining

• Tourism, Financial Services, Agriculture

How does tourism impact the Bahamian economy?

• Tourism contributes to the Bahamian economy by increasing GDP, creating jobs, and diversifying economic sectors.

• Tourism leads to a decrease in GDP in the Bahamas

• Tourism results in unemployment and economic instability in the Bahamas

• Tourism has no impact on the Bahamian economy

What are the main challenges faced by the Bahamian economy?

• Low public debt levels

• Diversified economy

• High agricultural productivity

• Vulnerability to natural disasters, high dependence on tourism, limited economic diversification, high public debt levels, and income inequality