GDP would include which of the following ?

Related Mcqs:

The booming of North Seas’ gas export revenues in the 1970s that appreciated the guilder, making industrial export more costly in foreign currencies and increasing foreign competition and unemployment is known as ?

A. Trade deficit B. Blind river disease C. Dutch disease D. Economic turmoil...

Theodore panayotou (1993) argues that environment degradation originates from the following EXCEPT ?

A. markets distortions B. defective economic policies C. inadequate property D. the expansion of capitalism...

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...

Which of the following would be excluded from UK GDP fro 2005? The sale of ?

A. a haircut B. the value of a lawyer’s services C. a 2005 Honda made in Swindon D. All of things mentioned in these answers should be counted in 2005 GDP....

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:...