If GNP of Pakistan rises. it will encourage ?

Related Mcqs:

1. 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

2. 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

3. 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

4. _______ 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

5. Suppose your income rises from Rs19,000 to Rs31,000 while the CPI rises from 122 to 169 Your standard of living has likely ?

   A. fallen
   B. You can’t tell without knowing the base year
   C. risen
   D. stayed the same

6. If Pakistan’s GDP exceeds Pakistan’s GNP, then ?

   A. intermediate production exceeds final production
   B. foreigners are producing more in the Pakistan then Pakistanis are producing in foreign countries
   C. real GNP exceeds nominal GNP
   D. real GDP exceeds nominal GDP

7. Government payments made to domestic firms in order to encourage exports are called ?

   A. Side payments
   B. Tariffs
   C. subsidies
   D. export quotas

8. Which of the following is true with regard to a tax on labor income? Taxes on labor income tend to encourage ?

   A. the unscrupulous to enter the underground economy
   B. the elderly to retire early.
   C. all the things described in these answers.
   D. second earners to stay home.
   E. workers to work fewer hours

9. Policies to encourage productivity do not include ?

   A. building more retail outlets
   B. encouraging risk-taking
   C. encouraging innovation
   D. encouraging R & D

10. 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