A. Deduct depreciation
B. Deduct indirect taxes
C. Deduct subsidies
D. Add inflation
To adjust from Gross National Product to Net National Product ? Read More »
Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development A. Real GDP per capita
B. Real GDP
C. Real GDP population
D. Real GDP plus depreciation
The standard of living is often measured by ? Read More »
Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development A. Gross National Product adjusted for inflation
B. Gross Domestic Product adjusted for inflation
C. Gross Domestic Product plus net property income from abroad
D. Gross National Product minus depreciation
Net National Product equals ? Read More »
Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development A. investment
B. net exports
C. government purchases
D. consumption
E. none of these answers
If your grandparents buy a newly built retirement home, this transaction would affect ? Read More »
Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development A. Consumption in increase by Rs40,000 and net export decreases by Rs40,000
B. Net exports increase by Rs40,000
C. There is no impact because this transaction does not involve domestic production
D. Investment increased by Rs40,000 and net exports increases by Rs40,000
A. intermediate production exceeds final production
B. foreigners are producing more in the Pakistan then Pakistanis are producing in foreign countries
C. real GNP exceeds nominal GNP
D. real GDP exceeds nominal GDP
If Pakistan’s GDP exceeds Pakistan’s GNP, then ? Read More »
Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development A. the value of taking a day off from work
B. consulting services
C. intermediate sales
D. illegal drug sales
E. housework
GDP would include which of the following ? Read More »
Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development A. must have fallen
B. must have risen
C. must have stayed the same
D. may have risen fallen, or stayed the same because there is not enough information to determine what happened to real output
If nominal GDP in 2005 exceeds nominal GDP in 2004, then the production of output ? Read More »
Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development A. Pakistan -owned firms no matter where they are located in the world
B. The domestic manufacturing sector only
C. The domestic service sector only
D. People and factories located within the borders of the Pakistan
E. none of these answers
A. a haircut
B. the value of a lawyer’s services
C. a 2005 Honda made in Swindon
D. All of things mentioned in these answers should be counted in 2005 GDP.
Which of the following would be excluded from UK GDP fro 2005? The sale of ? Read More »
Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development