A. Ethiopia
B. Rwanda
C. Somalia
D. Singapore
Which of the following countries is not a low-income country ? Read More »
Economics Mcqs, The Meaning and Measurement of Economic Development A. [(GDP2002 + GDP2001)/GDP2001]100
B. [(GDP2002 – GDP2001) GDP2001]100
C. [(GDP2002 – GDP2001)/GDP2001]100
D. [(GDP2001 – GDP2002]100
The formula to calculate economic growth from 2001 to 2002 is given by ? Read More »
Economics Mcqs, The Meaning and Measurement of Economic Development A. 4%
B. 1.11%
C. 0.011%
D. 11%
A. 2000 – 890
B. 200/890
C. 200,000,000/890
D. 200
A. Indonesia
B. India
C. Malaysia
D. Nigeria
Which of the following countries is not a low income country ? Read More »
Economics Mcqs, The Meaning and Measurement of Economic Development A. [(GDPc – GDPp)/ DGPp]100
B. [(GDPc – GDPp) DGPp]100
C. GNPc – DGPp100)
D. [GDPp – GDPc]100
Economic growth from current year (c) to previous year (p) is given by ? Read More »
Economics Mcqs, The Meaning and Measurement of Economic Development A. 1000
B. 260
C. 0.001
D. 259740
A. P = ΣPnqn/Σpoqn
B. P = ΣPoqo/Σpnqn
C. P = ΣPnqo/Σpoqo
D. P = ΣPnqn/Σpoqo
A. equality
B. poverty
C. employment
D. human development
Imitating labor standards from rich countries in LDCs may increase ? Read More »
Economics Mcqs, The Meaning and Measurement of Economic Development A. Most LDCs have less than 1/10 the per capita GNP of the U.S
B. A greater of GNP would have to be devoted to education to attain the same primary enrollment rates as in the U.S
C. Setting up western labor standard and minimum wages in labor-abundant LDCs is sensible
D. Most LDCs have a greater shortage of qualified teachers than the U.S does
Which of the following statement is not true about LDCs ? Read More »
Economics Mcqs, The Meaning and Measurement of Economic Development