Which two countries have enjoyed a real per capita growth rate of more than 7% yearly since the 1960s ?

Related Mcqs:

1. How has the relative gap between GNP per capita for Western Europe and GNP per capita for African less-developed countries changed from the late nineteenth century to the present ?

   A. declined
   B. increased
   C. remained the same
   D. cannot be determined

2. In 2003, the UN Development Program estimated that a 1-percent LDC per capita consumption growth, with income inequality unchanging, would reduce the poverty percentage by _________ percent yearly?

   A. 0
   B. 2
   C. 6
   D. 0.5

3. If in Pakistan real GDP/person in 2004 is Rs18,073 and real GDP/person is 2005 is Rs18,635 What is the growth rate of real output per person over this period ?

   A. 3.1 percent
   B. 3.0 percent
   C. 18.6 percent
   D. 18.0 percent

4. Assume that the real income of developing Island increases from $120,000 to $160,000 from 2005 to 2006 while its population expands from 1000 to 1100 during the same period Real income per capita has increased by about ?

   A. $145
   B. $40,000
   C. $25
   D. $100

5. IF GNP per capita at constant prices for Liechtenstein a microstate of 29,000 people located on the Rhine River between Switzerland and Austri is US$555 and US$560 in 2011 and 2012 respectively, the real economic growth from 2011 to 2012 is ?

   A. 5%
   B. 0.901%
   C. 0.090%
   D. 0.991%

6. If GNP per capita at constant prices for Ghana is US$360 and US$364 in 1996 and 1997 respectively, The real economic growth from 1996 to 1997 is ?

   A. 4%
   B. 1.11%
   C. 0.011%
   D. 11%

7. In food demand growth equation D = Φ + a E, a is the income elasticity of demand for food E is the per capita income growth and Φ is ?

   A. Poverty rates
   B. food security index
   C. change in the quantity of food demanded per capita
   D. population growth

8. The U.S real food aid, as well as food reserves dropped from the 1960s to the 1980s partly because ?

   A. the transportation and storage cost increased tremendously
   B. proponents of basic-needs attainment opposed food-aid
   C. U.S farm interests wanted to reduce surplus grain stocks
   D. agricultural production suffered excessively due to weather changes

9. _______ states that as real GNP per capita rises, people demand relatively more social goods and relatively fewer private goods?

   A. incomes policy
   B. Moral hazard
   C. Wagner’s law
   D. Fiscal policy

10. Increases in real GNP per capita occur when ?

    A. government programs direct resources away from investment goods to consumer goods.
    B. tariffs and quotas prevent dollars from leaving the country
    C. the rate of growth of real GNP is greater than the rate of growth of population
    D. the level of consumption expenditures rises relative to the level of saving