The ratio of Industrial progress in the country is ?

Related Mcqs:

1. Assume that Country A is relatively abundant in labor and Country B is relatively abundant in land Note that wages are the returns to labor and rents are the returns to land According to the factor price equalization theorem, once Country A begins specializing according to comparative advantage and trading with Country B: A. wages and rents should fall in Country A B. wages and rents should rise in Country A C. wages should rise and rents should fall in Country A D. wages should fall and rents should raise in Country A ?

   XA. wages and rents should fall in Country A
   B. wages and rents should rise in Country A
   C. wages should rise and rents should fall in Country A
   D. wages should fall and rents should raise in Country A

2. Progress that meets the needs of the present without compromising the ability of future generations to meet their own needs is ?

   A. the tragedy of commons
   B. sustainable development
   C. net primary productivity (NPP)
   D. the impossibility theorem

3. The Genuine Progress indicator is ?

   A. also known as index of Sustainable Economic Welfare per capita
   B. GDP plus resource depletion and environmental cost
   C. resource depletion and environmental cost divided by GDP per capita
   D. increasing from 1976 to 2000

4. The growth path resulting from technological progress for a given saving rate is known as the ?

   A. Steady state growth path
   B. Steady state invention rate
   C. Steady state level of output
   Unsteady state growth path

5. The belief that the rate of growth depends upon technological progress facilitated by institutions incentives and government is known as ________ growth theory?

   A. endogenous
   B. exogenous
   C. beta
   D. convergence

6. The industrial concentration ratio is the proportion of an industry’s output ?

   A. produced by the three largest firms in the industry
   B. produced in cement, machine tools and steel industries
   C. and labor intensities relative to labor productivity
   D. as a percentage of production and marketing

7. The biggest Industrial unit in public sector is ?

   A. Karachi Shipyard
   B. Pakistan Steel Mili
   C. State Cement
   D. Telephone Industry of Pakistan

8. Advocates of industrial policy maintain that government should ?

   A. pursue free trade as a policy that leads to maximum global efficiency
   B. grant subsidies to firms offering potential comparative advantage
   C. provide loans to domestic workers in exporting industries
   D. increase interest rates on loans made to firms in import-competing industries

9. ____ was a strategy for industrial development popular in Latin America in the 1950s 1 1960s for promoting domestic production by erecting high protective tariffs on imports of manufactured goods ?

   1. export led growth
   2. import substitution
   3. dynamic hedging
   4. countervailing duties

10. The low heating capacity of which of the types of coal reduces its value as an industrial fuel ?

    A. Anthracite
    B. Bituminous coal
    C. Lignite
    D. Peat