A. To add up the values of goods and services for one year
B. Add up all savings
C. To count all imports
D. To add up the value of semi-finished goods
Related Mcqs:
- 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 - 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 - 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 - 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 - GNP includes ?
A. A loan from a bank
B. A loan from one’s parents
C. Gifts and donations
D. A broker’s commission - If GNP of Pakistan rises. it will encourage ?
A. Exports
B. Imports
C. Both
D. None - GNP is_______________?
A. Total sales in the economy
B. Total monetary transactions in an economy
C. The market value of all goods and services produced in an economy
D. Total spending in an economy - Real GNP measures income ?
A. including non-market activities
B. adjusted for inflation
C. including externalities
D. including tax evasion - 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% - Annual GNP growth of 6% poverty reduced by 1% point of the population Balance of payments deficit not in excess of $200 million For a planner, the above are ?
A. achieved only through socialism
B. target variables
C. bound by soft budget
D. recurrent expenditures
