Which of the following will increase the GNP of an economy?
Increase government expenditure on the salary of the civil servants
An increase in the proportion of the productively employed population
A decrease in the rate of unemployment
decrease in the output per worker
An increase in the population dependency ratio
Correct answer is B
No explanation has been provided for this answer.
Shift in the supply curve to the right and not to the left
Shift in supply curve to the left and not to the right
Shift in supply curve to the left or to the right
Movement along the supply curve
Decrease in price and quantity supplied
Correct answer is C
No explanation has been provided for this answer.
The greater burden of the taxes on essential goods is borne by
The middle income group
High income group
Low income group
People between the middle and high income group
Few top rich people
Correct answer is C
No explanation has been provided for this answer.
Absolute cost advantage
Absolute cost disadvantage
Comparative cost disadvantage
Comparative cost advantage
The availability of labour
Correct answer is D
No explanation has been provided for this answer.
Employs about 60% of the people
Provides the highest tax revenue
Is a major foreign exchange earner in most of the countries
Provides the raw materials for all import-substitution industries
Provide raw materials only for foreign industries
Correct answer is E
No explanation has been provided for this answer.