The standard of living is often measured by ?

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...

Which of the following country has 25 percent of the world’s estimated oil reserves and the lowest cost production as well as a dominant role in OPEC pricing ?

A. Russia B. Saudi Arabia C. Iraq D. Venezuela...

Micheal Roemer’s three-sector model shows that growth in the booming export sector I- reduces the price of foreign exchange II- retards other sectors’ growth by reducing incentives to export other commodities III- reduces incentives to replace domestic goods for imports IV- raises factor and input prices for non-booming sectors ?

A. I and III only B. II and III only C. I, II and III only D. I, II , III only IV...

In a boom ?

A. Surpluses are likely to occur: B. Prices are likely to fall C. Supply will increase immediately to match demand D. Shortages may occur...

A higher GDP per capita may not means that the quality of life has really improved because ?

A. It measures wealth not income B. It measures Gross Domestic Product C. It does not measure the quality of the items produced D. It is only measured every five years:...