41. The term “Budget Deficit” refers to:
a) Government’s total expenditure exceeding its total revenue in a fiscal year
b) Government’s total expenditure being equal to its total revenue in a fiscal year
c) Government’s total expenditure being less than its total revenue in a fiscal year
d) None of the above
42. The term “Sustainable Growth” refers to:
a) Economic growth that can be maintained in the long run without causing negative impacts on the environment
b) Economic growth that focuses only on short-term benefits
c) Economic growth that focuses only on increasing GDP
d) Economic growth that leads to income inequality
43. The term “FDI Inflows” refers to:
a) The flow of foreign direct investment into a country
b) The flow of foreign direct investment out of a country
c) The flow of financial aid from one country to another
d) The flow of remittances from foreign workers to their home country
44. The term “Informal Economy” refers to:
a) Economic activities that are not regulated by the government
b) Economic activities that are regulated by the government
c) Economic activities that focus on international trade
d) Economic activities that focus on formal employment
45. The term “Foreign Debt” refers to:
a) The total amount of money owed by a country to foreign lenders
b) The total amount of money owed by a country to domestic lenders
c) The total amount of money owed by foreign individuals to a country
d) The total amount of money owed by domestic individuals to a country
