Introduction to Corporate Credit Ch.1 Quiz
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Questions and Answers

What is the Gross Domestic Product (GDP) a measure of?

  • Market exchange rate
  • Purchasing Power Parity (PPP)
  • Total Expenditure
  • National income (correct)

    • How can a country's GDP be measured?

  • Nominal GDP only
  • Gross Value Added only
  • Through Gross Value Added, Total Expenditure, or Total Income (correct)
  • Real GDP only

    • What is Nominal GDP?

  • The value of all goods and services produced in a given year, unadjusted for inflation
  • The market value of goods and services produced in an economy, adjusted for inflation
  • The market value of goods and services produced in an economy, unadjusted for inflation (correct)
  • The value of all goods and services produced in a given year, adjusted for inflation

    • What is the main cause of inflation?

    <p>Demand-pull pressure</p> Signup and view all the answers

    Which index can be used to measure inflation in India?

    <p>Consumer Price Index (CPI)</p> Signup and view all the answers

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