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%
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 A. Japan
B. South Korea
C. Taiwan
D. Singapore
Which of the following is not one of the Newly Industrialized Countries (NICs) ? Read More »
Economics Mcqs, The Meaning and Measurement of Economic Development A. disparity reduction rate, human resource development rate and the composite index
B. longevity, education and living standard
C. minimum schooling, adult literacy and tertiary educational attainment
D. human resource training development and R&D