Economics MCQs

A. 40%
B. 10%
C. 20%
D. 30%

A. Export promotion
B. Industrial promotion
C. Import substitution
D. Unbalanced growth

A. The vicious circle of poverty hypothesis
B. The dependency theory
C. Neo-colonialism
D. The under-consumptionist hypothesis

A. Stress agricultural development over industrial development
B. Promote industrial development over agriculture
C. Use a balanced strategy that promotes both agricultural and industrial development
D. Stress the importation of agricultural products and the export of manufactured goods

A. Shortages of inputs including land
B. An over-investment in farm equipment
C. Migration from rural areas to urban areas
D. A lack of effective demand for food products

A. The amount of brain drain
B. Marginal utility
C. Marginal product
D. The substitutability of labor to capital

A. Due to a lack of education
B. A class system in which the elite are contemptuous of manual work
C. Upper-and middle-class westerners
D. The lack of bargaining power y cheap labor

A. 17 million, 7 million
B. 7 million, 0.7 million
C. 3 million, 1 million
D. 0.5 million, 5 million

A. About 18 percent of the world’s deaths are among children less than five years old
B. More than 98 percent of child deaths were in ldcs
C. World-wide child mortality rates increased from 1990 to 2002
D. 19 of the 20 countries with the highest child mortality were in africa

A. Public expenditure per student for higher education is about ten times as high as for primary education
B. The expansion of primary education redistributes benefits from the rich to the poor
C. Economists unanimously agree that ldcs should put greater priority on primary education
D. Boys are sent to schools far more often than girls