A. China
B. Germany
C. Japan
D. United States
Submitted by: Ali Mallah
Related Mcqs:
- 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 - Which of the following is not required while computing Gross National Product (GNP) ?
A. Net foreign investment
B. Private investment
C. Per capita income of citizens
D. None of the above - If GNP for Vatican City the smallest country in the world is 200 million euros in year 2011 and its population is 890 GNP per capita is_____________?
A. 2000 – 890
B. 200/890
C. 200,000,000/890
D. 200 - To adjust from Gross National Product to Net National Product ?
A. Deduct depreciation
B. Deduct indirect taxes
C. Deduct subsidies
D. Add inflation - Tuvalu is composed of 9 coral atolls along a 360-mile chain in Polynesia They gained independence in 1978 The former Ellice Island are home to 9,700 people if GNP of Tuvalu is $300 million in 2005 GNP per capital is ?
A. 9700 (1978 / 2005)
B. 300 / 360
C. 300 000 000 / 9700
D. 32.333 - How has the relative gap between GNP per capita for Western Europe and GNP per capita for African less-developed countries changed from the late nineteenth century to the present ?
A. declined
B. increased
C. remained the same
D. cannot be determined - A company is in the ________ stage of the new product development process when the company develops the product concept into a physical product in order to assure that the product idea can be turned into a workable product ?
A. product development
B. commercialization
C. marketing strategy
D. business analysis - If the total product of two workers is 80 and the total product of 3 workers is 90 then the average product of the third worker is ________ and the marginal product of the third worker is _________?
A. 160; 270
B. 10; 30
C. 10; 3.33
D. 30; 10 - 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 - Gross National income is always more than Net National income because it includes ?
A. Foreign income
B. Capital consumption allowance
C. Indirect taxes
D. Direct taxes
