PPSC Economics Topic 8 MCQS Test Preparation

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MCQ's Test For PPSC Economics Topic 8 Development Economics

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PPSC Economics Topic 8 Development Economics

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Question # 1

An Invention is set to be neutral when it raises the marginal productivities of labor and capital in the same proportion is said by

Question # 2

Hirschman along with other ebonists consider that for economic development.

Question # 3

According to Nurkse a balance growth a ncessary to.

Question # 4

According to Keynes the exogenous factors like technology increase in population and discovery of new markets are the reasons. of.

Question # 5

One of the following is not a necessary characteristics of UDCs

Question # 6

W.W. Rostow considered that the economic development period consist of.

Question # 7

Theories of surplus labor describe that

Question # 8

The economic growth model of Ricardo based on.

Question # 9

Adam smith includes in the model of economic growth following factors of production.

Question # 10

Which of the following is NOT characteristics of underdeveloped nations.

Question # 11

Due to indivisibilities in demand and infrastructure economic development can be achieved.

Question # 12

The Harrod -Domar models are based on the restrictive assumption of.

Question # 13

Which of the following could be a reason for the problem of lack of jobs being overestimated.

Question # 14

According to the balances growth theory

Question # 15

The largest lenders to less developed countries are

Question # 16

According to M.P Todaro model of ruler -urban migraton the migrationis assumed to be a.

Question # 17

The theory of Ruler -urben migraines presented by.

Question # 18

The natural rate of unemployment is generally thought of as the

Question # 19

The measure used to examine the distribution of wealth at the world level is.

Question # 20

The concept of carbon credit originated from which one of the following.

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 Unlimited supply of labor means in developing countries that part of man power which even if is withdrawn from the process of production there will be no fallen output is the theory of.
A. Fei Rani
B. M.PP. Todaro
C. Lewis
D. Leibstein
2 Adam smith includes in the model of economic growth following factors of production.
A. Labor only
B. Capital only
C. Labor and capital
D. Labor capital and land
3 The measure used to examine the distribution of wealth at the world level is.
A. Gini coefficient
B. Lorenz curve
C. Philips curve
D. None of these
4 The economic growth model of Ricardo based on.
A. Capital formation
B. Diminishing retune
C. Capital output ratio
D. None of these
5 in UDCs a potential resource of saving is
A. Structural unemployment
B. Over employment
C. Domestic saving
D. Disguised unemployment
6 In Kaldor model saving income ratio in the growth process is considered.
A. Constant
B. Positive
C. Variable
D. Negative
7 Rule of innovation in economic growth is very important according to.
A. Adam smith
B. Richardo
C. Schumpter
D. Rostow
8 In developing countries the co existence of modern and tadeonal method of production in urban and ruler sector is called.
A. Dualism
B. Under employment
C. Under estimation of resources
D. None of these
9 Which of the following is not an element of the redistribution with growth policy approach.
A. Minimum wage legislation
B. Land refrom
C. Progressive taxation
D. Increased access to education
10 The concept of carbon credit originated from which one of the following.
A. Earth summit rio de jeneiro
B. Kyoto protocol
C. Montreal protocol
D. G-8 summit Helligendamm

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