Prep
Bee
Pakistan
Free MCQ Practice Platform for Govt Job Exams
Home
MCQs
Quiz
Past Papers
FIA Prep
Contact
Quiz Mode
Login
Register
Preparing your study page...
Home
MCQs
Economics
MEDIUM
ENGLISH
Economics
Which of the following is not a problem in comparing developed and developing countries GNP ?
GNP is understated for developed countries, since a number of items included in their national incomes are intermediate goods
Correct answer
B
The economic contribution of a housewife is a peasant family may not be measured is GNP is poor country
Option B
C
GNP in understated for developing countries since many of their labor intensive good have no impact on exchange rate since they are not traded
Option C
D
GNP is overstated for for countries where the price of foreign exchange is less than market clearing price
Option D
Correct answer: A
Explanation
No explanation provided for this MCQ yet.
Hide Answer
Hide Explanation
Start Related Quiz
Submit Correction
More MCQs