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Economics Mcqs 4423 MCQs [All-Courses]

Economics MCQs cover fundamental concepts of microeconomics and macroeconomics, including demand and supply, inflation, national income, and economic policies.
This section is designed to strengthen analytical skills and conceptual understanding for competitive examinations.
Highly useful for PPSC, FPSC, NTS, OTS, KPPSC, and other testing services preparation.

The emigration of highly-skilled people from the developing countries is known as ?

A The brain drain

B human capital deterioration

C productivity

D labor degradation

Review Detailed Answer

Correct Answer: The brain drain

Simon S.Kuznets argues that the major stock of an economically advanced country is not its physical capital but ?

A natural resources

B body of knowledge

C land

D quantity of labor

Review Detailed Answer

Correct Answer: body of knowledge

Which of the following is Not True about education in LDCs ?

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

Review Detailed Answer

Correct Answer: Economists unanimously agree that LDCs should put greater priority on primary education

Which of the following is NOT true about child mortality ?

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

Review Detailed Answer

Correct Answer: World-wide child mortality rates increased from 1990 to 2002

Of the 57 million people dying worldwide in 2002, _ were from stroke and heart disease and ____ from cancer disproportionately from DCs?

A 17 million, 7 million

B 7 million, 0.7 million

C 3 million, 1 million

D 0.5 million, 5 million

Review Detailed Answer

Correct Answer: 17 million, 7 million

Gunnar Myrdal argues that a major barrier to high labor productivity is ?

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

Review Detailed Answer

Correct Answer: a class system in which the elite are contemptuous of manual work

In a competitive economy, a worker earns an income equivalent to ?

A The amount of brain drain

B Marginal utility

C Marginal Product

D The substitutability of labor to capital

Review Detailed Answer

Correct Answer: Marginal Product

By 2010 the U.S Census Bureau expects life expectancy in the tow southern African countries of Botswana and South Africa to be ?

A 30 to 40 years, about the same as in 1995

B 30 to 40 years, a fall of more than 10 years from 1995

C 50 to 60 years, about the same as in 1995

D 70 years, an increase from 1995

Review Detailed Answer

Correct Answer: 30 to 40 years, a fall of more than 10 years from 1995

Which of the following is not true ?

A Development generally improves the health system while better health increases productivity social cohesion, and economic welfare

B Life expectancy is probably the best single indicator of national health levels

C Life expectancy in Africa increased steadily from 1994 to 2003 due to better health care

D There are growing inequalities in investment in health worldwide

Review Detailed Answer

Correct Answer: Life expectancy in Africa increased steadily from 1994 to 2003 due to better health care

Labor productivity is higher in DCs such as Japan and Germany than LDCs due to ?

A high formal education and training

B better health and physical condition of the labor force

C Both a and b are correct

D None of the above is correct

Review Detailed Answer

Correct Answer: Both a and b are correct

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Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

The emigration of highly-skilled people from the developing countries is known as ?

Simon S.Kuznets argues that the major stock of an economically advanced country is not its physical capital but ?

Which of the following is Not True about education in LDCs ?

Which of the following is NOT true about child mortality ?

Of the 57 million people dying worldwide in 2002, _ were from stroke and heart disease and ____ from cancer disproportionately from DCs?

Gunnar Myrdal argues that a major barrier to high labor productivity is ?

In a competitive economy, a worker earns an income equivalent to ?

By 2010 the U.S Census Bureau expects life expectancy in the tow southern African countries of Botswana and South Africa to be ?

Which of the following is not true ?

Labor productivity is higher in DCs such as Japan and Germany than LDCs due to ?

Contact Info

Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

The emigration of highly-skilled people from the developing countries is known as ?

Simon S.Kuznets argues that the major stock of an economically advanced country is not its physical capital but ?

Which of the following is Not True about education in LDCs ?

Which of the following is NOT true about child mortality ?

Of the 57 million people dying worldwide in 2002, _____ were from stroke and heart disease and ________ from cancer disproportionately from DCs?

Gunnar Myrdal argues that a major barrier to high labor productivity is ?

In a competitive economy, a worker earns an income equivalent to ?

By 2010 the U.S Census Bureau expects life expectancy in the tow southern African countries of Botswana and South Africa to be ?

Which of the following is not true ?

Labor productivity is higher in DCs such as Japan and Germany than LDCs due to ?

Of the 57 million people dying worldwide in 2002, _ were from stroke and heart disease and ____ from cancer disproportionately from DCs?