Economics 101 Multiple Choice Questions for Final Examination Miller. PLEASE DO NOT WRITE ON THIS EXAMINATION FORM. Which of the following statements is. MACROECONOMICS MULTIPLE CHOICE 20 QUESTIONS. BA in Economics and MBA. They are simple questions, so if you don't know the answers to them then.
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61-Natural resources determine the course of development and constitute the challenge which may not be accepted by the human mind. “Who has said it”?
- W. Arthur Lewis
- J.I. Fisher
- Jan Tinbergen
- W.W. Rostow
(Ans: a)
62-The credit of developing the concept of modern economic growth goes to:
- Arthur Lewis
- Michael P. Todaro
- Gunnar Mydral
- Simon Kuznets
(Ans: d)
63-The most simple and popular method of measuring economic development is to calculate the trend of gross national product (GNP) at __________
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- Current prices
- Constant prices
- Both of the above
- None of the above
(Ans: b)
64-“Underdeveloped countries are the slums of the world Economy.” This statement is by
- Ragnar Nurkse
- A.N. Caimcross
- Colin Clark
- Jagdish Bhagwati
(Ans: b)
65-Which among the following is a characteristic of underdevelopment?
- Vicious circle of poverty
- Rising mass consumption
- Growth of industries
- High rate of urbanization
(Ans: a)
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66-According to W.W. Rostow, the stages of economic growth are:
- Two
- Three
- Four
- Five
(Ans: d)
67-Most of the underdeveloped economies suffer from ____ which do not let the rate of growth go up from a lower level.
- High population pressures
- High infant mortality
- Hugh monetary mismanagement
- High level of technological unemployment
(Ans: a)
68-By __ growth rate of an economy can be speeded up.
- Investment in share market
- Investment abroad
- Investment in human capital formation
- Investment in primary sector
(Ans: c)
Multiple Choice Questions For Ap World History
69-When the population growth rate of an economy becomes greater than the achievable economic growth rate, it is known as:
- Population Explosion
- Population Trap
- Population Crisis
- None of the above
(Ans: b)
70-‘Planning from below’ is known as:
- Centralized planning
- Functional planning
- Decentralized planning
- Structural planning
(Ans: b)
Csec Economics Multiple Choice Questions
71- _________ got the highest priority during the first plan period in India.
- Self reliance
- Growth with social justice
- Development of Agriculture including irrigation
- Removal of unemployment
(Ans: c)
72-An expression coined by economists to describe im economy that is growing at such a slow pace that more jobs are being lost than are being added:
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- Stagflation
- Recession
- Growth Recession
- Ritchet Inflation
Multiple Choice Questions In Economics With Answers In Gujarati
(Ans: c)