The main function of the World Bank is to:
A. Encourage capital investment for the reconstruction and development of its member countries
B. Grant long-term loans at little or no interest for projects in developing countries
C. Reduce trade barriers and establish rules of free trade
D. Facilitate poor countries to trade at concessional rates
A. Income per worker
B. Income per head
C. Income per household
D. Income per industrial unit
If indirect taxes are deducted from NNP and subsidies are added, we achieve:
A. Personal savings
B. DPI
C. NI
D. Per capita income
Transfer payments are not included in national income because:
A. Such payments are made to persons living abroad
B. Double counting would result
C. They are illegal
D. There is no method to account for these
To determine the correct level of GNP, it is necessary to:
A. Add up the values of goods and services during one year
B. Add up all savings
C. Count all imports
D. Add up the value of semi finished goods