Economics MCQs

Page No. 173

A country’s capital stock is the ?


a approximated investment minus actual investment


binflow of investment from abroad


c sum of previous gross investment minus depreciation


ddifference between GDP and capital consumption



Peasants are ?


a rural politicians


brural cultivators


c rural industrialist


drural, religious group


View Answer rural cultivators

As economic development proceeds income inequality tends to follow a(n) _____ curve?


aconvex


binverted U shaped


cL-shaped


d S-Shaped


View Answer inverted U shaped

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


b3.0 percent


c18.6 percent


d18.0 percent


View Answer 3.1 percent

Which of the following government policies is least likely to increase likely to increase growth in Africa ?


aincrease expenditure on public education


beliminate civil war


cAll of these answers would increase growth


dincrease restrictions on the importing of American tractors and electronics



Our standards of living is most closely related to ?


ahow hard we work:


bour supply of capital because everything of value is produced by machinery


cour productivity because our income is equal to what we produce


dour supply of natural resources because they limit production



Which of the following best describes the rate of growth in productivity in the United states over the last fifty years ?


a Productivity growth has been steady over the last 50 years


bProductivity has been growing more slowly every decade since world War II


cProductivity grew quickly in the 1950s and 1960s more slowly from the early 1970s through 1995 and then quickly again


d Productivity grew slowly from the 1950s through the 1970s and then began to accelerate probably due to advances in computer technology



Which of the following statements regarding the impact of population growth on productivity is true ?


aThere is no evidence, yet that rapid population growth stretches natural resources to the point that it limits growth in productivity


bAll of these answers


cRapid population growth may dilute the capital stock lowering productivity


dRapid population growth may promote technological progress increasing productivity.


View Answer All of these answers

If a production function exhibits constant returns to scale ?


adoubling all of the inputs more than doubles output due to the catch-up effect


bdoubling all of the inputs has absolutely no impact on output because output is constant


cdoubling all of the inputs less than doubles output due to diminishing returns


ddoubling all of the input’s doubles output



For a given level of technology, we should expect an increase in productivity within a nation when there is an increase in each of the following except ?


alabor


b physical capital/worker


c human capital/worker


d natural resources/worker


View Answer labor

Goto Page No.

Page 173 of 444

Alphabetical MCQs Categories

Here below You find all kind of categories of MCQs in alphabetical order.


"Comprehensive Collection of MCQs: Alphabetically Organized by Subject"

"Discover an extensive collection of multiple-choice questions (MCQs) neatly categorized by subject from A to Z. This resource is designed for anyone eager to explore various topics in a straightforward and organized manner. Whether you're a student preparing for exams, an educator seeking supplementary materials, or simply curious about different subjects, this compilation offers a convenient way to learn and assess your knowledge. With questions arranged alphabetically, navigation is effortless, allowing you to delve into subjects of interest at your own pace. Engage, learn, and expand your understanding with this accessible and comprehensive repository of MCQs!"


BolPakistan

bolpakistan.com.pk includes Job Mcqs and Pak Mcqs is the Top Largest Mcqs Forum in World, in which you can read Mcqs of All Subjects, PPSC test preparation, FPSC, NTS and PPSC PAST PAPERS, PPSC PAST MCQS. A Collection of Repeated MCQs for JOBs seekers.

Copyright © 2024, Designed & Developed by BolPakistan