To adjust GDP from market prices to factor cost ?

Related Mcqs:

Progress that meets the needs of the present without compromising the ability of future generations to meet their own needs is ?

A. the tragedy of commons B. sustainable development C. net primary productivity (NPP) D. the impossibility theorem...

The green house effect is the phenomenon by which ?

A. biological diversity is dominant in agricultural production B. the globe’s water pollution affects plankton C. the earth’s atmosphere traps infrared radiation D. climatic changes occur naturally in the forest...

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...

Gross Domestic Product is the sum of the market value of the ?

A. intermediate goods B. final goods and services C. manufactured goods D. inferior goods and services normal goods and services...

If a cobbler buys leather for Rs100 and thread for Rs50 and uses them to produce and sell Rs500 worth of shoes to consumers the contribution to GDP is ?

A. Rs50 B. Rs100 C. Rs650 D. Rs500...