PPSC Economics Chapter 8 Development Economics With Answers

PPSC Economics Chapter 8 Development Economics

Sr. # Questions Answers Choice
1 The developing countries need to have a big push or big comprehensive package for economic development is the view of. Nurkse M.P Todaro Rosenstein Rodan Leibenstein
2 The measure used to examine the distribution of wealth at the world level is. Gini coefficient Lorenz curve Philips curve None of these
3 The Lorenz curve is used to show relative in equality in the distribution of. Wages Income Wealth Profit
4 The natural rate of unemployment is generally thought of as the Ratio of the frictional unemployment rate to the cyclical unemployment rate. Sum of fictional unemployment and cyclical unemployment. Sum of frictional unemployment and structural unemployment. sum of structural unemployment and cyclical unemployment.
5 Which of the following could be a reason for the problem of lack of jobs being overestimated. the existence of disguised unemployment People are underemployment People holding only one job The existence of child labour
6 The concept of carbon credit originated from which one of the following. Earth summit rio de jeneiro Kyoto protocol Montreal protocol G-8 summit Helligendamm
7 What explains Solow's surprise. Diminishing returns to capital Insufficient assistance to developing countries Weak institutions low labor productivity
8 The Human Development index is based on. Income per capita human capita economic vulnerability Income per capita, life expectancy education Income per capita child mortality rates education. Income per capita life expectancy economic vulnerability
9 What characteristics is likely to increase population grotwth. Family planning programs Old age social security Lack of women's empowerment Rapid economic growth
10 The hidden momentum of population growth is caused by the demographic transition Population age structure the opportunity coast of woman's time Children contribution to income
11 Which of the following is not an element of the redistribution with growth policy approach. Minimum wage legislation Land refrom Progressive taxation Increased access to education
12 The conjecture that inequality first increases with development then decreases with further development has been Strongly supported by most studies Supported mainly by cross section not time series studies. Supported mainly by time sereis not cross section studies Generally repudiated by empirical studies.
13 In the Harrod - Domar equation g = s/v , v is defined as. the value of the country a capital stock The ratio of the country's capital stock to its output. The change in the country's capital stock None of the above
14 Which of the following is not viewed by the text as a major political obstacle to development. Growth oriented polices may damage the short term interest of influential groups Civil war Corruption Departing from strict laissez faire principles
15 Historically countries at early stages of rapid economics development have tended to experience. Trade deficits and an excess of investment over domestic saving. Trade surpluses and an excess of investment over domestic saving Trade deficits and an increase of domestic saving over investment. Trade surpluses and an excess of domestic saving over investment.
Download This Set

Is this page helpful?