PPSC Economics Topic 8 MCQS Test Preparation

Economics is one of the major fields or careers. Almost all the departments especially government agencies require the staff related to the economy, accounts, or business, etc. to regulate all the financial matters. If you are looking to be a part of such a department and want to start your career as a professional economist then you can get the opportunity to start your career through the PPSC. PPSC is a competitive exam allows you to grab a suitable position and it can be covered with good preparation.

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

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

Question # 2

Economic growth rate of a country is determined by the

Question # 3

Theories of surplus labor describe that

Question # 4

More trade and more and is the demand made by the

Question # 5

Hirschman along with other ebonists consider that for economic development.

Question # 6

According to the balances growth theory

Question # 7

In the Harrod - Domar equation g = s/v , v is defined as.

Question # 8

R.M. Solow in his model assumes that the prices and wages are.

Question # 9

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

Question # 10

Small size of market is the primary cause of under development according to.

Question # 11

The Human Development index is based on.

Question # 12

According to Nurkse a balance growth a ncessary to.

Question # 13

The main assumption of Kaldor model is that the economy operates at the level of .

Question # 14

The developing countries need to have a big push or big comprehensive package for economic development is the view of.

Question # 15

Which of the following is not an element of the redistribution with growth policy approach.

Question # 16

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

Question # 17

What explains Solow's surprise.

Question # 18

The economic growth model of Ricardo based on.

Question # 19

According to the .A.H Hasen the capitalistic economy is basically characterized with

Question # 20

The natural rate of unemployment is generally thought of as the

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 Small size of market is the primary cause of under development according to.
A. Balance growth theory
B. Unbalance growth theory.
C. Big push theory
D. Dualistic theories
2 The main assumption of Kaldor model is that the economy operates at the level of .
A. Full employment
B. Above than full employment
C. Less than full emplyment
D. None of above
3 In the Harrod - Domar equation g = s/v , v is defined as.
A. the value of the country a capital stock
B. The ratio of the country's capital stock to its output.
C. The change in the country's capital stock
D. None of the above
4 R.M. Solow in his model assumes that the prices and wages are.
A. Flexible
B. Non flexible
C. Rigid
D. None of these
5 W.W. Rostow considered that the economic development period consist of.
A. Two stages
B. Three stages
C. Four stages
D. Five stages
6 Historically countries at early stages of rapid economics development have tended to experience.
A. Trade deficits and an excess of investment over domestic saving.
B. Trade surpluses and an excess of investment over domestic saving
C. Trade deficits and an increase of domestic saving over investment.
D. Trade surpluses and an excess of domestic saving over investment.
7 The theory of Ruler -urben migraines presented by.
A. W.W. Roslow
B. M.P.Todaro
C. Simon Kuznets
D. Nukse
8 An Invention is set to be neutral when it raises the marginal productivities of labor and capital in the same proportion is said by
A. Rostow
B. Todoro
C. Solow
D. Haicks
9 Due to indivisibilities in demand and infrastructure economic development can be achieved.
A. Balance growth according to its advocates
B. Unbalanced growth according to its advocates
C. Big pus
D. None of these
10 Hirschman along with other ebonists consider that for economic development.
A. Balance growth is necessary
B. Unbalance growth is necessary
C. Big push in investment is necessary
D. Industrial development is necessary

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