PPSC Economics Topic 8 MCQS Test Preparation

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MCQ's Test For PPSC Economics Topic 8 Development Economics

Try The 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

Theories of surplus labor describe that

Question # 2

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

Question # 3

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

Question # 4

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

Question # 5

in UDCs a potential resource of saving is

Question # 6

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

Question # 7

Historically countries at early stages of rapid economics development have tended to experience.

Question # 8

The Schumpeterian growth model is based upon

Question # 9

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

Question # 10

Economic growth rate of a country is determined by the

Question # 11

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

Question # 12

The Lorenz curve is used to show relative in equality in the distribution of.

Question # 13

Economic development in UDCs is not possible without.

Question # 14

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 # 15

Hirschman along with other ebonists consider that for economic development.

Question # 16

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

Question # 17

The natural rate of unemployment is generally thought of as the

Question # 18

For the economic growth of country following is required.

Question # 19

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

Question # 20

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

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 Following is the major source for a country to meet the deficiency of capital
A. Domestic saving
B. Foreign aid
C. Domestic barrowing
D. All of these
2 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.
3 R.M. Solow in his model assumes that the prices and wages are.
A. Flexible
B. Non flexible
C. Rigid
D. None of these
4 According to Keynes the exogenous factors like technology increase in population and discovery of new markets are the reasons. of.
A. Underemployment
B. Structural dualism
C. Low capital formation
D. Secular stagnation
5 The theory of Ruler -urben migraines presented by.
A. W.W. Roslow
B. M.P.Todaro
C. Simon Kuznets
D. Nukse
6 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
7 The Schumpeterian growth model is based upon
A. Inveslors
B. Capital formation
C. entrepreneurs
D. all of these
8 What characteristics is likely to increase population grotwth.
A. Family planning programs
B. Old age social security
C. Lack of women's empowerment
D. Rapid economic growth
9 Which of the following could be a reason for the problem of lack of jobs being overestimated.
A. the existence of disguised unemployment
B. People are underemployment
C. People holding only one job
D. The existence of child labour
10 W.W. Rostow considered that the economic development period consist of.
A. Two stages
B. Three stages
C. Four stages
D. Five stages

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