Please write the answer ofMCQ in the W 1.Nominal GDP is measured in terms of a. current prices b. base year prices c. may be both d. None 2. When GDP is greater than GNP, net export is a. Positive b. Negative c. a or b d. None 3. Positive net export makes local currency a. Unstable b. Weaker c. Stronger d. None 4. Monopolistic and contested markets are a. Different b. Similar c. Same d. Not comparable 5. The relation between increased exports and current account deficit is a. Positive b. Negative c. Both d. None 6. For sustainability, an economy should maintain a minimum GDP growth rate of a. 2% - 3% b. 4% c. Above 5% d. 5% 7. A higher real interest rate in the loanable funds market would have a. no effect on investment b. negative effect on investment c. positive effect on investment d. may have both positive and negative effect 8. A shortage of funds in the loanable market will trigger a a. rise in the interest rate b. A fall in the interest rate c. Both d. None 9. A surplus budget a. Increases demand for loanable funds b. Decreases demand for loanable funds c. Both a & b d. None 10. Monopoly is characterized by a. Producer surplus b. Consumer surplus c. Current account decit d. None