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In order to calculate the gross national product of Hong Kong, which of the following items should be deducted from Hong Kong's gross domestic product (GDP) figure?
Nancy runs a boutique in Hong Kong. The following table shows the boutique's financial statement for a given period of time.
| ($ 000) | ($ 000) | |
|---|---|---|
| Sales revenue of fashions | 16 000 | |
| Less : Imported fashions | 2 000 | |
| Electricity & water charges | 3 000 | |
| Wage payment | 2 500 | |
| Profits tax | 1 500 | 9 000 |
| Net profit | 7 000 |
What is the contribution of Nancy's boutique to Hong Kong's GDP in thousand dollars?
Country X has a higher GDP but a lower general living standard than Country Y. Which of the following is a possible reason for this?
Refer to the chart below.
From 1991 to 1998, GDP at current market prices is always greater than GDP at constant (1990) market prices because
Which of the following items should NOT be included in the calculation of Hong Kong's GDP?
The following table shows the gross domestic product (GDP) data of a country.
| $Mn | |
|---|---|
| Private consumption expenditure | 500 |
| Government consumption expenditure | 100 |
| Net domestic fixed capital formation | 250 |
| Changes in inventories | 30 |
| Total exports of goods | 800 |
| Re-exports of goods | 200 |
| Imports of goods | 900 |
| Exports of services | 300 |
| Imports of services | 150 |
| Depreciation | 60 |
The GDP at market price is
Which of the following should NOT be included in the calculation of Hong Kong's GDP?
Which of the following is included in the calculation of the gross domestic product (GDP) of Hong Kong?
The following diagram shows a production chain involving the import of $100 worth of gasoline into Hong Kong:
What is the contribution of the production chain to Hong Kong's GDP at factor cost?
| Year | GNP at current market prices ($billion) | GNP deflator |
|---|---|---|
| 1997 | 2 100 | 105 |
| 1998 | 2 800 | 125 |
Based on the above information, the growth rate of real gross national product (real GNP) between 1997 and 1998 is