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.Management Sciences
Category: Natural Resources and the Environment Toward Sustainable Development
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.
Net National Product equals ?
A. Gross National Product adjusted for inflation
B. Gross Domestic Product adjusted for inflation
C. Gross Domestic Product plus net property income from abroad
D. Gross National Product minus depreciation
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
GDP plus net property income from abroad equals what ?
A. GNP
B. NNP
C. Depreciation
D. Real GDP
To adjust from Gross National Product to Net National Product ?
A. Deduct depreciation
B. Deduct indirect taxes
C. Deduct subsidies
D. Add inflation
Deforestation ?
I- leads to localized flooding
II- reduces sustainable logging potential
III- reduces watershed stability
IV augments carbon restoration provided by forest
A. I and II only
B. III and IV only
C. I, II and III only
D. I, II , III and IV only
How is your purchase in Pakistan of a Rs40,000 BMW automobile that was produced entirely in Germany recorded in the Pakistan’s GDP accounts ?
A. Consumption in increase by Rs40,000 and net export decreases by Rs40,000
B. Net exports increase by Rs40,000
C. There is no impact because this transaction does not involve domestic production
D. Investment increased by Rs40,000 and net exports increases by Rs40,000
The Montreal Protocal, signed in 1987 and strengthened in 1990 ?
A. attains the global optimal level of common property resource
B. relies on internationally tradable emission permits
C. minimizes free riders of public goods
D. reduces ozone depletion through the cutting of chlorofluorocarbon production
Irreversibility refers to ?
A. natural resource that cannot be reproduced in the future if we fail to preserve them now
B. obtaining intellectual property rights for products
C. natural extinction of various species in DCs
D. industrialization replacing agriculture in LDCs
If your grandparents buy a newly built retirement home, this transaction would affect ?
A. investment
B. net exports
C. government purchases
D. consumption
E. none of these answers
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