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

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

Question # 2

What explains Solow's surprise.

Question # 3

According to solo growth model capital and labor are.

Question # 4

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

Question # 5

Which of the following is NOT characteristics of underdeveloped nations.

Question # 6

In Kaldor model saving income ratio in the growth process is considered.

Question # 7

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 # 8

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

Question # 9

Economic development can be achieve through stages, is the theory of.

Question # 10

The conjecture that inequality first increases with development then decreases with further development has been

Question # 11

Following is the major source for a country to meet the deficiency of capital

Question # 12

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

Question # 13

The Schumpeterian growth model is based upon

Question # 14

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

Question # 15

More trade and more and is the demand made by the

Question # 16

Hirschman along with other ebonists consider that for economic development.

Question # 17

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

Question # 18

The hidden momentum of population growth is caused by

Question # 19

Rule of innovation in economic growth is very important according to.

Question # 20

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

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PPSC Economics Chapter 8 Important MCQ's

Sr.# Question Answer
1 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
2 R.M. Solow in his model assumes that the prices and wages are.
A. Flexible
B. Non flexible
C. Rigid
D. None of these
3 The developing countries need to have a big push or big comprehensive package for economic development is the view of.
A. Nurkse
B. M.P Todaro
C. Rosenstein Rodan
D. Leibenstein
4 Economic growth rate of a country is determined by the
A. Capital formation rate
B. Employment rate
C. Saving rate
D. Investment rate
5 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
6 The Human Development index is based on.
A. Income per capita human capita economic vulnerability
B. Income per capita, life expectancy education
C. Income per capita child mortality rates education.
D. Income per capita life expectancy economic vulnerability
7 The Harrod -Domar models are based on the restrictive assumption of.
A. Increasing saving income ratio
B. Decreasing saving income ratio
C. Low saving income ratio
D. Constant saving income ratio
8 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
9 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
10 Which of the following is NOT characteristics of underdeveloped nations.
A. Low per capita income
B. Low growth rate of GNP
C. General needs for substantive investment in the infrastructure
D. Low population growth rates

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