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Asian Development Outlook December 2023 Quiz

11 Questions

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Asian Development Outlook December 2023 Quiz

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Questions and Answers

What is the main reason for the weak industrial production mentioned in the text?

Supply chain disruptions

Soft external demand (correct)

Lack of technological innovation

Declining domestic consumption

Which factor has contributed to the varied performance of the manufacturing sector?

Diverse impact of global supply chain disruptions (correct)

Inconsistent labor productivity

Fluctuating exchange rates

Increased government subsidies

Why did services remain healthy despite soft external demand affecting industrial production?

Rising government investment in the service sector

High consumer confidence in the service industry

Increased focus on domestic market for services

Diverse sources of revenue for service businesses (correct)

What is the forecasted growth for developing Asia in 2024?

5.1% Signup and view all the answers

What is the projected inflation rate for 2023?

3.6% Signup and view all the answers

What factor is cited as a risk to the regional growth forecast?

Weather shocks Signup and view all the answers

Which component has been supporting the region's growth?

Total consumption Signup and view all the answers

What is the projected inflation rate for developing Asia in 2023?

3.5% Signup and view all the answers

What factor is driving the upbeat growth in developing Asia according to the text?

Strong remittances Signup and view all the answers

What are some of the downside risks mentioned in the text for developing Asia's growth?

Weather shocks and geopolitical tensions Signup and view all the answers

What is the forecasted growth rate for developing Asia in 2024?

4.8% Signup and view all the answers