The Genuine Progress indicator is ?

Related Mcqs:

1. Progress that meets the needs of the present without compromising the ability of future generations to meet their own needs is ?

   A. the tragedy of commons
   B. sustainable development
   C. net primary productivity (NPP)
   D. the impossibility theorem

2. The growth path resulting from technological progress for a given saving rate is known as the ?

   A. Steady state growth path
   B. Steady state invention rate
   C. Steady state level of output
   Unsteady state growth path

3. The belief that the rate of growth depends upon technological progress facilitated by institutions incentives and government is known as ________ growth theory?

   A. endogenous
   B. exogenous
   C. beta
   D. convergence

4. The ratio of Industrial progress in the country is ?

   A. 4.3%
   B. 5.4%
   C. 6.2%
   D. 8.6%

5. Which indicator/s is/are used in the Human Development Index(HDI)?

   A. Standard of Living
   B. Life Expectancy
   C. Education
   D. All

   Submitted by: Kamran Shaukat Gondal

6. A widely used indicator to differentiate developed countries from developing countries is ?

   A. international trade per capita
   B. real income per capital
   C. unemployment per capita
   D. calories per capita

7. Irreversibility refers to ?

   A. natural resource that cannot be reproduced in the future if we fail to preserve them now
   B. obtaining intellectual property rights for products
   C. natural extinction of various species in DCs
   D. industrialization replacing agriculture in LDCs

8. Which of the following country has 25 percent of the world’s estimated oil reserves and the lowest cost production as well as a dominant role in OPEC pricing ?

   A. Russia
   B. Saudi Arabia
   C. Iraq
   D. Venezuela

9. Pakistan’s Gross Domestic Product (in contrast to Gross National Product) measures the production and income of ?

   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

10. Gross Domestic Product is the sum of the market value of the ?

    A. intermediate goods
    B. final goods and services
    C. manufactured goods
    D. inferior goods and services
    normal goods and services