Which of the following is not required while computing Gross National Product (GNP) ?

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. Country with the largest GNP (Gross National Product) is:________?

   A. China
   B. Germany
   C. Japan
   D. United States

   Submitted by: Ali Mallah

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

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

4. 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

5. 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

6. 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

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. Gross National income is always more than Net National income because it includes ?

   A. Foreign income
   B. Capital consumption allowance
   C. Indirect taxes
   D. Direct taxes

9. For the United states, exports plus imports are about _____ of its gross national product?

   A. 5 percent
   B. 10 percent
   C. 25 percent
   D. 55 percent

10. Gross National Product equals ?

    A. Net National Product adjusted for inflation
    B. Gross Domestic Product adjusted for inflation
    C. Gross Domestic Product plus net property income from abroad
    D. Net National Product plus net property income from abroad