EASY
RRC Group D CBT
IMPORTANT
Earn 100

Which of the following is counted in determining GNP?
(a)An operation performed in a hospital
(b)A housewife’s work at home
(c)Do it yourself roof-repair job
(d)Vegetables are grown by a farmer for his own use

50% studentsanswered this correctly

Important Questions on Economy
EASY
RRC Group D CBT
IMPORTANT
A major part of a country’s output is normally used for_____.

EASY
RRC Group D CBT
IMPORTANT
A growing country is one with:

MEDIUM
RRC Group D CBT
IMPORTANT
National product at current prices is higher than the national product at constant prices during a period of:

EASY
RRC Group D CBT
IMPORTANT
National income data suffer from greater inadequacies and inaccuracies in:

MEDIUM
RRC Group D CBT
IMPORTANT
Overtime in a country, changes in the average standard of living are measured by:

EASY
RRC Group D CBT
IMPORTANT
National income figures are:

MEDIUM
RRC Group D CBT
IMPORTANT
Net National Product does not include:

MEDIUM
RRC Group D CBT
IMPORTANT
For a study of the long-term growth of the economy we use:
