Development means economics growth plus ?

Related Mcqs:

1. In development economics, who said,”Economic growth means more output”.

   A. Maddison
   B. Kindleberger
   C. Todaro
   D. Friedman

   Submitted by: Abdul Saboor Nasar

2. Economics in India Pakistan the Philippines and Mexico argue the foodgrain growth would not have kept up with population growth in the last four decades without ?

   I- improved packages of high-yielding seed varieties
   II- fertilizers, pesticides and irrigation
   III- improved transportation
   IV better extension service

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

3. Which economics doctrine opposes government regulation or interference in commerce beyond the minimum necessary for a free enterprise system to operate according to its own economics laws and non-interference in affairs of others ?

   A. Free market economy
   B. Laissez faire also Laisser faire
   C. Open market economy
   D. Liberal market economy

4. Development economics focuses primarily on the poorest ______ of the worlds?

   A. population
   B. two thirds
   C. one third
   D. 28 percent
   E. 5 percent

5. Which of the following could be considered critical s in development economics ?

   A. How do the poorest 2/3 of the world live?
   B. What are the major theories of economic development
   C. what factors affect labor skills in the third world?
   D. All of the above are correct

6. Deepak Lal argues that development economics is dominated by _______ approach that favors government intervention into LDC prices?

   A. dirigiste
   B. Keynesian
   C. Commanding heights
   D. soft budget

7. The pattern of economic growth describes the phenomenon of countries moving up in technological development by following the patterns of countries ahead of them in the development process ?

   A. flying geese
   B. import substitution
   C. export orientation
   D. commodity expansion

8. The Harrod Domar growth model suggests that growth is ?

   A. directly related to savings and inversely related to the capital/output ratio
   B. directly related to the capital/output ratio and inversely related to savings
   C. indirectly related to savings and the capital/output ratio
   D. directly related to savings and the capital/output ratio

9. Given recent information about growth trends and growth potential of ethnic populations within the U.S market which of the following ethnic groups would be a best bet to double during the next half century and become one of the U.S market’s most viable segments ?

   A. Hispanics and Asians
   B. African Americans
   C. Western Europeans
   D. Middle Eastern

10. The neoclassical theory of growth identifier the steady state rate of growth as the ____ just sufficient to keep _____ constant while labor grows?

    A. saving, investment
    B. capital per person, productivity
    C. labor growth, output
    D. investment capital per person