natural resources and the environment toward sustainable development MCQs – Page 2

Practise focused natural resources and the environment toward sustainable development questions with marked answers for exam preparation and subject revision.

natural resources and the environment toward sustainable development Mcqs

21. In a recession ?
0

A. Unemployment is likely to be low

B. Growth is slow

C. Growth is negative

D. Prices are likely to increase

22. The Organization of Petroleum Exporting Countries (OPEC) is a(n) _________whose members agree to limit output and fix prices?
0

A. monopoly

B. entropy

C. industry

D. cartel

23. If a cobbler buys leather for Rs100 and thread for Rs50 and uses them to produce and sell Rs500 worth of shoes to consumers the contribution to GDP is ?
0

A. Rs500

B. Rs650

C. Rs100

D. Rs50

24. GDP plus net property income from abroad equals what ?
0

A. Real GDP

B. GNP

C. Depreciation

D. NNP

25. If Pakistans GDP exceeds Pakistans GNP, then ?
0

A. intermediate production exceeds final production

B. real GNP exceeds nominal GNP

C. foreigners are producing more in the Pakistan then Pakistanis are producing in foreign countries

D. real GDP exceeds nominal GDP

26. Gross National Product equals ?
0

A. Gross Domestic Product adjusted for inflation

B. Gross Domestic Product plus net property income from abroad

C. Net National Product plus net property income from abroad

D. Net National Product adjusted for inflation

27. The value of plant and equipment worn out in the process of manufacturing goods and services is measured by ?
0

A. intermediate production

B. consumption

C. depreciation

D. Net National Product

E. Investment

28. Air pollution from automobile exhausts, and water pollution steel plants are examples of ?
0

A. negative externalities

B. social distortion

C. internal spillover

D. external economies

29. 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 ?
0

A. Trade deficit

B. Dutch disease

C. Economic turmoil

D. Blind river disease

30. Which of the following would be excluded from UK GDP fro 2005? The sale of ?
0

A. the value of a lawyers services

B. All of things mentioned in these answers should be counted in 2005 GDP.

C. a 2005 Honda made in Swindon

D. a haircut

31. Theodore panayotou (1993) argues that environment degradation originates from the following EXCEPT ?
0

A. defective economic policies

B. inadequate property

C. markets distortions

D. the expansion of capitalism

32. Irreversibility refers to ?
0

A. natural resource that cannot be reproduced in the future if we fail to preserve them now

B. industrialization replacing agriculture in LDCs

C. natural extinction of various species in DCs

D. obtaining intellectual property rights for products

33. GDP would include which of the following ?
0

A. the value of taking a day off from work

B. illegal drug sales

C. consulting services

D. housework

E. intermediate sales

34. Net National Product equals ?
0

A. Gross National Product minus depreciation

B. Gross Domestic Product plus net property income from abroad

C. Gross Domestic Product adjusted for inflation

D. Gross National Product adjusted for inflation

35. Pakistans Gross Domestic Product (in contrast to Gross National Product) measures the production and income of ?
0

A. Pakistan -owned firms no matter where they are located in the world

B. The domestic manufacturing sector only

C. none of these answers

D. People and factories located within the borders of the Pakistan

E. The domestic service sector only

36. How is your purchase in Pakistan of a Rs40,000 BMW automobile that was produced entirely in Germany recorded in the Pakistans GDP accounts ?
0

A. Net exports increase by Rs40,000

B. Consumption in increase by Rs40,000 and net export decreases by Rs40,000

C. Investment increased by Rs40,000 and net exports increases by Rs40,000

D. There is no impact because this transaction does not involve domestic production

37. Gross Domestic Product can be measured as the sum of ?
0

A. Net National Product Gross National Product, and Disposable personal income

B. final goods and services intermediate goods, transfer payments, and rent

C. investment wages profits and intermediate production

D. consumption investment government purchases and net exports

E. consumption transfer payments. wages and profits.

38. Negative externality is also known as ?
0

A. marginal damage

B. resource curse

C. public goods

D. external diseconomies

39. Which of the following country has 25 percent of the worlds estimated oil reserves and the lowest cost production as well as a dominant role in OPEC pricing ?
0

A. Venezuela

B. Russia

C. Iraq

D. Saudi Arabia

40. To adjust GDP from market prices to factor cost ?
0

A. Deduct indirect taxes and add subsidies

B. Subtract subsidies

C. Add indirect taxes

D. Deduct indirect taxes and subsidies

Previous Next

Showing 21 to 40 of 44 mcqs