Home
Class 14
GENERAL KNOWLEDGE
What is the economic impact of increase ...

What is the economic impact of increase in productivity of firms?

A

Decrease in Gross Domestic Product

B

No change in Gross Domestic Product

C

The impact may vary among nations and their economic conditions

D

Increase in Gross Domestic Product

Text Solution

Verified by Experts

The correct Answer is:
D
Increase in Gross Domestic Product meSol the increase in revenue, which meSol that to export more at the same input which eventually increases the productivity of the firm.
Promotional Banner

Topper's Solved these Questions

  • ECONOMICS

    PINNACLE|Exercise MCQ (INTERNATIONAL ORGANISATIONS)|5 Videos

  • ECONOMICS

    PINNACLE|Exercise MCQ (GOVERNMENT SCHEMES)|4 Videos

  • ECONOMICS

    PINNACLE|Exercise MCQ (COSTS, PRODUCTION,CONSUMPTIONS AND MARKET)|20 Videos

  • CURRENT AFFAIRS

    PINNACLE|Exercise SCHEMES & PROJECTS|40 Videos

  • GEOGRAPHY

    PINNACLE|Exercise WORLD GEOGRAPHY AND MAP|3 Videos

Similar Questions

Explore conceptually related problems

What is economics?

What is the impact of Biomagnification ?

What Is Economics

What is not useful to increase agriculture production

PINNACLE-ECONOMICS-MCQ (NATIONAL INCOME, IFLATION, BUDGET, TAXATION AND GDP)
  1. A substantial increase in capital expenditure or revenue deficit leads...

    Text Solution

    |

  2. When the deficit is high, what happens to prices?

    Text Solution

    |

  3. What is the economic impact of increase in productivity of firms?

    Text Solution

    |

  4. What is the full form of GSTIN in relation to GST?

    Text Solution

    |

  5. In which year was the Central Board of Revenue Act in India promulgate...

    Text Solution

    |

  6. Name the Nobel Prize winning American economist whose report to the US...

    Text Solution

    |

  7. Which one of the following brings out an annual publication titled 'Na...

    Text Solution

    |

  8. is the final value of all the finished goods and services produced wit...

    Text Solution

    |

  9. Which of the following are the major state taxes in India?

    Text Solution

    |

  10. How many members are there in the GST Council?

    Text Solution

    |

  11. What is the meaning of Fiscal Deficit ?

    Text Solution

    |

  12. Fiscal Policy is formulated by in India.

    Text Solution

    |

  13. GST council is headed by :

    Text Solution

    |

  14. GST is NOT applicable on which of the following goods or services?

    Text Solution

    |

  15. What is the National Gross Domestic Product(GDP)?

    Text Solution

    |

  16. In which year, the first Gender Budget Statement appeared in the Union...

    Text Solution

    |

  17. The financial resources of an economy cannot be mobilized by

    Text Solution

    |

  18. is a type of direct Tax which is levied at the time of sale/purchase o...

    Text Solution

    |

  19. Which of the following statements regarding Goods and Services Tax is ...

    Text Solution

    |

  20. Which among the following indirect taxes is charged by the Central Gov...

    Text Solution

    |