A state planning ideology arose in LDCs as a reaction to nationalist perceptions of ?

Related Mcqs:

1. Central banks in LDCs generally have less effect on expenditure and output than in LDCs because of ?

   I- an externally dependent banking system
   II- a poorly developed securities market
   III- a low percentage of demand deposits divided by the total money supply
   IV- the relative insensitivity of investment and employment to monetary policies

   A. I and II only
   B. III and IV only
   C. I, II and III only
   D. I, II , III and IV

2. Planning in many LDCs has failed because detailed programs for the public sector have not been worked out and ?

   A. governments depend primarily on their colonial masters
   B. excessive controls are used in the private sector
   C. the brain drains cost government substantially
   D. monopolies dominate in the agricultural sector

3. Doubts about the natural and the existences of the Phillips curve arose in the 1970s when the economy experienced ?

   A. a high rate of inflation: along with a low rate of unemployment
   B. simultaneously low rates of inflation and unemployment
   C. simultaneously high rates of inflation and unemployment
   D. a high rate of unemployment along with a low rate of inflation

4. LDCs often have a comparative advantage in the production of ?

   A. primary products
   B. intermediate products
   C. manufactured products
   D. financial services

5. Which of the following is not true about most farmers in LDCs ?

   A. The staple crop is the chief sources of food
   B. labor is underutilized except for planting and harvesting seasons
   C. On the traditional farm, output is always greater than consumption
   D. cultivators farm only as much land as their

6. About _________ of the World’s population lives in LDCs?

   A. 80%
   B. 50%
   C. 25%
   D. 35%

7. The openly unemployed in LDCs are usually from all of the following except ?

   A. persons 15 to 24 years old
   B. the educated
   C. residents of urban areas
   D. from the poorest 1/5 of the population

8. Which of the following is not TRUE about unemployed in LDCs ?

   A. The unemployment rate for youths is twice that of people over 24
   B. Unemployment in rural areas is twice that of urban areas
   C. World-wide there are fewer unemployed females than males, but the rate is higher for women
   D. The unemployed are relatively well educated

9. Labor productivity is higher in DCs such as Japan and Germany than LDCs due to ?

   A. high formal education and training
   B. better health and physical condition of the labor force
   C. Both a and b are correct
   D. None of the above is correct

10. Which of the following is Not True about education in LDCs ?

    A. Public expenditure per student for higher education is about ten times as high as for primary education
    B. The expansion of primary education redistributes benefits from the rich to the poor
    C. Economists unanimously agree that LDCs should put greater priority on primary education
    D. Boys are sent to schools far more often than girls