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 ?

Related Mcqs:

1. 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

2. The World Bank’s GNP per capita classification for low income middle income and high income countries respectively is ?

   A. less than $900, $900-$9000 and more than $9000
   B. less than $5000, $5000-$15000 and more than $15000
   C. less than $100, $100-$1000 and more than $1000
   D. less than $5000, $5000-$150000 and more than $150000

3. One classification of development levels used by the World Bank divides countries into three group on the basis of GNP per capita They are ?

   A. NIC, OPEC and G7
   B. Low income , middle income and high income
   C. Southeast Northeast and Southwest
   D. Asia, America and Europe

4. IF GNP per capita at constant prices for Liechtenstein a microstate of 29,000 people located on the Rhine River between Switzerland and Austri is US$555 and US$560 in 2011 and 2012 respectively, the real economic growth from 2011 to 2012 is ?

   A. 5%
   B. 0.901%
   C. 0.090%
   D. 0.991%

5. If GNP per capita at constant prices for Ghana is US$360 and US$364 in 1996 and 1997 respectively, The real economic growth from 1996 to 1997 is ?

   A. 4%
   B. 1.11%
   C. 0.011%
   D. 11%

6. _______ states that as real GNP per capita rises, people demand relatively more social goods and relatively fewer private goods?

   A. incomes policy
   B. Moral hazard
   C. Wagner’s law
   D. Fiscal policy

7. Increasing in the real GNP per capita occur when ?

   A. government programs direct resources away from investment goods to consumer goods.
   B. tariffs and quotas prevent countries from trading and thus prevent dollars from leaving each country
   C. the rate of growth in real GNP is greater than the rate of growth in the population
   D. the level of consumption expenditures rises relative to the level of savings

8. Increases in real GNP per capita occur when ?

   A. government programs direct resources away from investment goods to consumer goods.
   B. tariffs and quotas prevent dollars from leaving the country
   C. the rate of growth of real GNP is greater than the rate of growth of population
   D. the level of consumption expenditures rises relative to the level of saving

9. 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

10. Which of the following is not a problem in comparing developed and developing countries GNP ?

    A. GNP is understated for developed countries, since a number of items included in their national incomes are intermediate goods
    B. The economic contribution of a housewife is a peasant family may not be measured is GNP is poor country
    C. GNP in understated for developing countries since many of their labor intensive good have no impact on exchange rate since they are not traded
    D. GNP is overstated for for countries where the price of foreign exchange is less than market clearing price