The value of plant and equipment worn out in the process of manufacturing goods and services is measured by ?

Related Mcqs:

1. S = Savings, I = domestic investment, X = exports of goods and services, and M = imports of goods and services Which of the following is true ?

   A. S – I = X = M
   B. S + I = X + M
   C. S = I – (X+M)
   D. S-I = X/M

2. How I measured the change in the cost of basic goods and services in comparison with a fixed base period ?

   A. Human Development Index (HDI)
   B. Consumer Price Index (CPI)
   C. Complete Price Index (CPI)
   D. Comparative Price Index (CPI)

3. If an increase in consumer incomes leads to a decrease in the demand for camping equipment, then camping equipment is ?

   A. a normal good
   B. none of these answers
   C. an inferior good
   D. a substitute good

4. Real GDP is measured in __________ prices while nominal GDP is measured in _________ prices?

   A. foreign; domestic
   B. current year; base year
   C. domestic; foreign
   D. base year; current year
   E. intermediate; final

5. Market value of all final goods and services produced in a country during a year is definition of ?

   A. NI
   B. NNP
   C. GNP
   D. Consumption

6. Which term is used for the total net value of all goods and services produced in a country in specified period of time ?

   A. National income
   B. Public income
   C. Local income
   D. Gross income

7. When an international seller sells a plant equipment or technology to another country and agrees to take payment in the resulting products, it is called?

   A. barter
   B. buy-back
   C. counterpurchase
   D. like-value-exchange

8. If a firm were to bid to do a turnkey operation where they would choose a building site designing a cement factory to build the plant hire construction crews assemble materials and equipment to run the new factory and turn over the finished factory ready to operate to the owners the firm would be using which of the following ?

   A. Core Process products selling
   B. Design Products selling
   C. Reciprocal spelling
   D. Systems selling

9. Which city in Germany has the distinction of housing the first car manufacturing plant in the world ?

   A. Frankfurt
   B. Bonn
   C. Berlin
   D. Stuttgart

10. What is called an arrangement of workers machines, and equipment in which the product being assembled passes consecutively from operation to operation or the process in which finished products are turned out in a mechanically efficient, though impersonal, manner ?

    A. Assembly line
    B. Production line
    C. Both of them
    D. None of them