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Passage Reading and English Comprehension

Gross domestic product (GDP) is a measure of the size of a country's economy. It is measured by calculating the total number of goods and services produced by a country within a given period. GDP per capita is the GDP divided by the number of people in that country, and is frequently considered an indicator of a country's standard of living.

The use of GDP and GDP per capita as a measure of standard of living and economic success has been controversial as these measures do not provide an indication of other important factors. For example, GDP per capita does not take into account equality, personal income or personal debt. Similarly GDP does not measure innovation, environmental record and quality of life.

Instead the human development index (HDI) is often used to gauge a country's quality of life and standard of living by assessing numerous factors, rather than simply measuring the country's GDP and making assumptions.

1420. What is the gross GDP per capita considered to be an indicator of?

(a) The size of the economy
(b) A country's standard of living
(c) A country's innovation and quality of life
(d) The number of people in the country
Special economic zones are geographical regions that operate under more free market oriented laws than the rest of that country. IN these zones, particular taxes may not be levied, decreased regulation may be present and international tariffs may be decreased/not required. The function of these zones is to increase foreign investment, develop infrastructure or to increase employment opportunities in that area. Numerous countries employ the use of special economic zones including Russia, China, India, South Korea and many others.

1421. Which one of the following statements is definitely true?

(a) Special economic zones are used to increase employment
(b) Special economic zones are used to improve quality of life
(c) Special economic zones are used to improve foreign relations
(d) Special economic zones are used by the European union

TOTAL

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1. Passage Reading 2. Verbal Logic 3. Non Verbal Logic 4. Numerical Logic

5. Data Interpretation 6. Reasoning 7. Analytical Ability 8. Basic Numeracy

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