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- Comparative GDPeconomics-mcqs › comparative-gdp
- Published
- 2 Jun 2019
- Last updated
- 28 May 2026
Which of the following investments aimed at increasing productivity is most likely to generate a positive externality?
Multiple choice question for Comparative GDP. Select an option, then review the explanation below.
Explanation
Among the options, paying for university education (option B) is most likely to produce positive externalities because it not only benefits the individual but also society through a more skilled workforce and increased knowledge dissemination. The other options primarily generate private benefits without significant spillover effects.
More Comparative GDP MCQs
Practice related questions from the same subject.
- 1.Given that Pakistan's real GDP per capita was Rs18,073 in 2004 and increased to Rs18,635 in 2005, what is the percentage growth rate of real output per person during this period?
- 2.Which of the following government actions is least effective in promoting economic growth in Africa?
- 3.Which factor is most directly linked to the standard of living?
- 4.How has the rate of productivity growth in the United States changed over the past fifty years?
- 5.Which statement accurately describes the effects of population growth on productivity?