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 Indian Economy Questions

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Q:

Monetary policy refers to the actions the Federal Reserve takes to manage

A) income tax rates and interest rates to pursue its economic objectives. B) government spending and income tax rates to pursue its economic objectives.
C) the money supply and income tax rates to pursue its economic objectives. D) the money supply and interest rates to pursue its economic objectives.
 
Answer & Explanation Answer: D) the money supply and interest rates to pursue its economic objectives.

Explanation:
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Q:

The determinants of aggregate demand

A) Consumption expenditure B) Investment expenditure
C) Government expenditure D) All the above
 
Answer & Explanation Answer: D) All the above

Explanation:

Aggregate demand is the total demand for final goods and services in an economy at a given time.

A.D. = C + I + G + (X-M)

where,

A.D. is Aggregate Demand

C is consumption expenditure

I is Investment expenditure

G is Government expenditure and

(X-M) are Net exports (expenditure on Exports).

 

 

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Q:

Which country was ranked the world's richest in terms of per capita GDP of countries as per latest data released by the International Monetary Fund(IMF) on November 18, 2017?

 

A) UAE B) Qatar
C) Saudi Arabia D) Kuwait
 
Answer & Explanation Answer: B) Qatar

Explanation:
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