Related Mcqs:

1. Rural based population in less developed countries (LDC’s) ?

   A. 65 %
   B. 45 %
   C. 75 %
   D. None

2. Urban population in LDC’s_________________?

   A. 464 %
   B. 50 %
   C. 36 %
   D. 20 %

3. In developed countries children are….% of the total population ?

   A. 62 %
   B. 35 %
   C. 21 %
   D. 16 %

4. Urban migration is causing the labour force to grow at annual rates of _____________in LDC?

   A. 10-20%
   B. 5-7%
   C. 30-35%
   D. 35-40%

5. “All LDC’s require to take off into a period of self-sustaining economic growth is a massive investment program designed to promote rapid industrialization and the building up of economic infrastructure.” ?

   A. Economic development theory
   B. Big Push theory of development
   C. Rostow’s development plan
   D. Harod Domes model

6. Group of LDC debtors who join together to bargain as a group with creditors?

   A. Debtor’s cartel
   B. Economic union
   C. Debtor’s commune
   D. None

7. The part of the urban economy of LDC’s characterized by small competitive individual or family firms, labour intensive methods, free entry and market determined factor and product prices?

   A. Formal sector
   B. Informal sector
   C. Formal finance
   D. Informal finance

8. he yearly number of children born alive per 1,000 women within a chil bearing age bracket?

   TA. Crude birth rate
   B. Birth rate
   C. Fertility rate
   D. Expectancy rate

9. Total consumption deducted from total income is called__________________?

   A. Net income
   B. Gross income
   C. Saving
   D. None of these

10. Excess of total revenue over total costs_______________?

    A. Producer surplus
    B. Scarcity rent
    C. Both
    D. None