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| Growth rate of GDP in 1990 | |
|---|---|
| At current market prices | 15.2% |
| At constant (1980) market prices | 11.9% |
The above data do NOT show an increase in the ________ in 1990.
A Hong Kong citizen switches his flight from a local airline to Japan Airlines. What is the effect on Hong Kong's Gross Domestic Product (GDP)?

X and Y in the above circular flow of economic activities should be labeled respectively as
Mr Wong is a second-hand car dealer. He bought a used car for $20 000 which he immediately resold for $25 000. By how much would the gross national product be increased after he sold the car?
The following were received by Mr A last year:
His contribution to the GDP last year was
Refer to the table below:
| Year | Real GDP ($Mn) | Nominal GDP ($Mn) |
|---|---|---|
| 1985 | 150 | 180 |
| 1982 | 120 | 120 |
What is the GDP deflator in 1985?
When both the price level and the money income level of a society rise,
Which of the following is a 'stock' concept?