Gross Domestic Product can be measured as the sum of ?

Related Mcqs:

1. 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

2. 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

3. What is measured by Gross domestic product (GDP)?

   A. Value of all economic activity within nation’s border
   B. Economic output of a country
   C. Economic activity of federal government
   D. None of these

4. Gross Domestic Product (GDP) is__________________?

   A. Value of all economic activity with in a nation’s border
   B. Economics output of a country
   C. Economic activities of federal government
   D. None of these

5. In the calculation of gross domestic product net exports are ?

   A. the sum of merchandise trade and services
   B. the current account plus long-term capital
   C. the value of merchandise exports minus imports
   D. short-term capital plus the basic balance

6. What is gross domestic product (GDP) ?

   A. income earned through foreign exchange
   B. the number of dollars earned in industry
   C. income earned within a country’s boundaries
   D. goods received from the nation’s residents

7. 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

8. To adjust from Gross National Product to Net National Product ?

   A. Deduct depreciation
   B. Deduct indirect taxes
   C. Deduct subsidies
   D. Add inflation

9. During the fiscal year 2009-10 gross fixed capital formation or domestic investment grew by ?

   A. 19.8%
   B. 10.3%
   C. 9.2%
   D. 11.5%

10. With fixed exchange rates and no private currency flows, when the central bank buys domestic currency the domestic money supply is ?

    A. increased
    B. unaffected
    C. reduced
    D. None of these