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Economics Mcqs

James Pickett D. J. C. Forsyth, and N. S McBain on the basis of field research in Africa, concluded that business people often want to use the most advanced design without knowing that it may not be the most profitable. They attribute this attitude to ?

And Technical Progress, Capital Formation, Economics Mcqs, Information Technology, Investment Choice /
James Pickett D. J. C. Forsyth, and N. S McBain on the basis of field research in Africa, concluded that business people often want to use the most advanced design without knowing that it may not be the most profitable. They attribute this attitude to ?

A. maximum capital absorption
B. factor price distortions
C. engineering mentality
D. intermediate technology

James Pickett D. J. C. Forsyth, and N. S McBain on the basis of field research in Africa, concluded that business people often want to use the most advanced design without knowing that it may not be the most profitable. They attribute this attitude to ? Read More »

And Technical Progress, Capital Formation, Economics Mcqs, Information Technology, Investment Choice

Canada France, Germany, Italy, Japan, The United Kingdom and United States are ?

And Technical Progress, Capital Formation, Economics Mcqs, Information Technology, Investment Choice /
Canada France, Germany, Italy, Japan, The United Kingdom and United States are ?

A. G-7 countries
B. countries with highest productivity growth in the world since 1960
C. countries with decreasing TFP growth since 1990s
D. countries with the lowest information technology equipment and software index prices

Canada France, Germany, Italy, Japan, The United Kingdom and United States are ? Read More »

And Technical Progress, Capital Formation, Economics Mcqs, Information Technology, Investment Choice

A dual economy is distinguished from other economies by having ?

Characteristics and Institutions of Developing Countries, Economics Mcqs /
A dual economy is distinguished from other economies by having ?

A. an industrial sector and a manufacturing sector
B. a traditional agricultural sector and a modern industrial sector
C. state owner ship of the means of production
D. an industrial sector that concentrates on manufacturing and construction

A dual economy is distinguished from other economies by having ? Read More »

Characteristics and Institutions of Developing Countries, Economics Mcqs

Dual economies are countries ?

Characteristics and Institutions of Developing Countries, Economics Mcqs /
Dual economies are countries ?

A. with double capital and labor/
B. with a modern manufacturing sector as well as traditional agriculture sector
C. that specialize in labor intensive products more than capital intensive products
D. with foreign owned and domestically owned capital

Dual economies are countries ? Read More »

Characteristics and Institutions of Developing Countries, Economics Mcqs

What is the ratio of population density of developing countries to the population of developed countries ?

Characteristics and Institutions of Developing Countries, Economics Mcqs /
What is the ratio of population density of develog countries to the population of developed countries ?

A. 10
B. 2
C. no more than 1
D. 20

What is the ratio of population density of developing countries to the population of developed countries ? Read More »

Characteristics and Institutions of Developing Countries, Economics Mcqs

In low-income countries the average agricultural family produces a surplus ?

Characteristics and Institutions of Developing Countries, Economics Mcqs /
In low-income countries the average agricultural family produces a surplus ?

A. enough to supply only a small nonagricultural population
B. of zero
C. large enough of feed five other families
D. large enough to feed 25 other families

In low-income countries the average agricultural family produces a surplus ? Read More »

Characteristics and Institutions of Developing Countries, Economics Mcqs

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 ?

Characteristics and Institutions of Developing Countries, Economics Mcqs /
Assume that the real income of develog 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

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 ? Read More »

Characteristics and Institutions of Developing Countries, Economics Mcqs

Clientelism ?

Characteristics and Institutions of Developing Countries, Economics Mcqs /
Clientelism ?

I- is also known as patrimonialism
II- is the dominant pattern in many LDCs
III- is a personalized relationship between patrons and clients
IV- commands equals wealth, status or influence, based on unconditional loyalties and involving mutual benefits
A. I and II only
B. II and III only
C. I, II and III only
D. IV only

Clientelism ? Read More »

Characteristics and Institutions of Developing Countries, Economics Mcqs