A. 15.8%
B. 11.8%
C. 10.8%
D. 15.4%
Related Mcqs:
- If the economy is in the recessionary phase of the business cycle, aggregate demand ___ unemployment ____ inflation ___ and the current account of the balance of payments is likely to move towards ____?
A. falls; falls; falls; surplus
B. is static; low; rises; deficit
C. falls; rises; falls; surplus
D. rises; falls; rises; deficit - Out of the total land area of Pakistan the total land area of Punjab is 20.6 mha (about 50.90 million acres) out of which ____ are cultivated?
A. 54 % or 11.04 mha
B. 57 % or 12.00 mha
C. 58 % or 12.04 mha
D. 59 % or 13.04 mha - How much of the total population of the world i percentage is living in South America ?
A. 7.2%
B. 6.5%
C. 5.6%
D. 6.7% - How much of the total land of the world is occupied by North America ?
A. 8.9%
B. 12.5%
C. 14.2%
D. 16.3% - Most of Latin America has been characterized by ______ large land-grand estates owned by the few and ________ small poor holdings that rarely provide adequate employment for a family ?
A. multitudinous latitudinous
B. latifundios, minifundios
C. feudum, nocere
D. grameen, repetto - If I purchase a stereo from South Korea, I obtain the stereo and South Korea obtains the dollars But if I purchase a stereo produced in the Pakistan I obtain the stereo and the rupees remain in Pakistan, This line of reasoning is ?
A. valid for stereos, but nor for most products imported by Pakistan
B. valid for most products imported by Pakistan but not for stereos
C. deceiving since Koreans eventually spend the dollars on Pakistani goods
D. deceiving since the dollars spent on a stereo built in the Pakistan eventually wind up overseas - Since the supply of undeveloped land is relatively inelastic a tax on undeveloped land would generate ?
A. a small deadweight loss and the burden of the tax would fall on the renter
B. a large deadweight loss and the burden of the tax would fall on the landlora
C. a large deadweight loss and the burden of the tax would fall on the renter.
D. a small deadweight loss and the burden of the tax would fall on the landlord - Assume that Country A is relatively abundant in labor and Country B is relatively abundant in land Note that wages are the returns to labor and rents are the returns to land According to the factor price equalization theorem, once Country A begins specializing according to comparative advantage and trading with Country B: A. wages and rents should fall in Country A B. wages and rents should rise in Country A C. wages should rise and rents should fall in Country A D. wages should fall and rents should raise in Country A ?
XA. wages and rents should fall in Country A
B. wages and rents should rise in Country A
C. wages should rise and rents should fall in Country A
D. wages should fall and rents should raise in Country A - Which type of forest covers the highest percentage of forest area in the world ?
A. Temperate Coniferous forests
B. Temperate Deciduous forests
C. Tropical Monsoon forests
D. Tropical Rain forests - In the long term a firm will produce provided the revenue covers ?
A. Fixed costs
B. Variable costs
C. Total costs
D. Revenue