Principles of Economics

Philip Leatherwood, Lecturer

Kazakhstan Institute of Management, Economics, and Strategic Planning

17 January, 2001

Quiz Questions

  1. What is Say’s Law?

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  2. What is the difference between Gross National Product and Gross Domestic Product?

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  3. What is depreciation?

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  4. What is the difference between nominal growth and real growth?

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  5. What kinds of value do not get counted when we measure economic growth?

 

 

 

 

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