Which of the following would be excluded from UK GDP fro 2005? The sale of ?
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.
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.
A. making banks keep a certain % of their assets as M0
B. controlling the money multiplier
C. restricting the amount of cash in circulation
D. not allowing commercial banks to issue notes and coins
A. The ratio of debt service to GNP is very good indicator of the debt burden
B. Many large LDC debtors borrowed heavily because of their excellent international credit ratings
C. Middle income countries account for almost four-fifths of the total outstanding debt of all LDCs
D. The debt-burden of sub Saharan African countries may be as heavy as for middle income countries
A. master salespersons
B. sales assistants
C. technical support persons
D. telemarketers
A. actual differences in labor production between countries
B. relative differences in labor productivity between countries
C. Both (a) and (b)
D. Neither (a) nor (b)
A. increasing average cost curve, marginal cost lies above average cost
B. increasing average cost curve, marginal cost lies below average cost
C. decreasing average cost curve marginal cost lies above average cost
D. decreasing average cost curve, marginal cost lies below average cost
A. Suffer even more
B. not be reduced as much as it would have been
C. be replaced by foreign investment
D. be replaced by consumer spending