A. Profit
B. rent
C. unemployment benefits
D. government purchases
E. wages
An example of a transfer payment is ? Read More »
Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development A. Is likely to want to decrease demand in the economy
B. Is likely to want to decrease demand in the economy
C. Is likely to want to stabilise demand in the economy
D. Is likely to want to increase supply in the economy
In a recession a government ? Read More »
Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development A. Add indirect taxes
B. Subtract subsidies
C. Deduct indirect taxes and subsidies
D. Deduct indirect taxes and add subsidies
To adjust GDP from market prices to factor cost ? Read More »
Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development A. GNP
B. NNP
C. Depreciation
D. Real GDP
GDP plus net property income from abroad equals what ? Read More »
Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development A. Unemployment is likely to be low
B. Prices are likely to increase
C. Growth is negative
D. Growth is slow
A. Net National Product adjusted for inflation
B. Gross Domestic Product adjusted for inflation
C. Gross Domestic Product plus net property income from abroad
D. Net National Product plus net property income from abroad
Gross National Product equals ? Read More »
Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development A. capital increasingly replaces labor
B. technological change compensates for capital depletion
C. costs rise, leaving less capital for future investment
D. contingent valuation becomes critical
A. biological diversity is dominant in agricultural production
B. the globe’s water pollution affects plankton
C. the earth’s atmosphere traps infrared radiation
D. climatic changes occur naturally in the forest
The green house effect is the phenomenon by which ? Read More »
Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development A. rivalry and exclusion in consumption
B. nonrivalry and nonexclusion in consumption
C. rivalry but nonexclusion in production
D. nonrivalry but exclusion in usage
Many environmental resources are public goods, which are characterized by ? Read More »
Economics Mcqs, Natural Resources and the Environment Toward Sustainable Development A. population growth leads to rigid land rights
B. participants will organize their transactions
C. violence displacement erosion and poverty are minimized
D. individuals overuse of the biosphere is curtailed
