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

Hirschman along with other ebonists consider that for economic development.

Question # 2

According to the balances growth theory

Question # 3

The Human Development index is based on.

Question # 4

The concept of unbaled growth and balance growth are.

Question # 5

The Schumpeterian growth model is based upon

Question # 6

All the UDCs of the world are homogeneous is broad sense and.

Question # 7

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

Question # 8

The natural rate of unemployment is generally thought of as the

Question # 9

The fall in the birth ratio will affect the process of economic growth according to

Question # 10

Theories of surplus labor describe that

Question # 11

For the economic growth of country following is required.

Question # 12

The theory of Ruler -urben migraines presented by.

Question # 13

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

Question # 14

the relation of productivity and income is discussed by Nurkse in.

Question # 15

According to solo growth model capital and labor are.

Question # 16

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

Question # 17

Division of labor is made according to the size of market is the view of

Question # 18

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

Question # 19

If for the output of worth 1 million the stock of capital worth 4 million is required this will be.

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 What explains Solow's surprise.
A. Diminishing returns to capital
B. Insufficient assistance to developing countries
C. Weak institutions
D. low labor productivity
2 Economic development in UDCs is not possible without.
A. Foreign aid
B. Capital formation
C. Natural resources
D. Domestic saving
3 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
4 The hidden momentum of population growth is caused by
A. the demographic transition
B. Population age structure
C. the opportunity coast of woman's time
D. Children contribution to income
5 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
6 According to M.P Todaro model of ruler -urban migraton the migrationis assumed to be a.
A. Social phenomenon
B. Cultural phenomenon
C. Uneconomic phenomenon
D. Economic phenomenon
7 The concept of unbaled growth and balance growth are.
A. Unlimited value
B. Single value
C. Limited value
D. Short value
8 Rule of innovation in economic growth is very important according to.
A. Adam smith
B. Richardo
C. Schumpter
D. Rostow
9 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.
10 The natural rate of unemployment is generally thought of as the
A. Ratio of the frictional unemployment rate to the cyclical unemployment rate.
B. Sum of fictional unemployment and cyclical unemployment.
C. Sum of frictional unemployment and structural unemployment.
D. sum of structural unemployment and cyclical unemployment.

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