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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.

Peer borrowing groups of five or so people with joit liability approve loans to other members as a substitute for the bank’s screening process The above statement applies to ?

A Indonesia’s Badan Kredit Kecamatan (BKK)

B the Association for Development of Microenterprice

C Bangladesh’s Grameen Bank

D the Enterprice credit program in Kolkata

Review Detailed Answer

Correct Answer: the Enterprice credit program in Kolkata

The elasticity of propoor growth is ?

A the percentage increase in the consumption growth of the poor divided by percentage increase in the consumption growth of the nonpoor

B the percentage increase in the poor times percentage increase in the nonpoor

C the percentage increase in the poverty of the poor divided by percentage increase in the poverty of the nonpoor

D the percentage increase in the poor people in the Urban divided by percentage increase in the nonpoor in the urban

Review Detailed Answer

Correct Answer: the percentage increase in the consumption growth of the poor divided by percentage increase in the consumption growth of the nonpoor

Income inequalities are often shown on a ?

A production possibility curve

B marginal inequality curve

C sen curve

D Lorenz curve

Review Detailed Answer

Correct Answer: Lorenz curve

Sen’s welfare theory relies on ?

A individuals’ accomplishments

B individuals’ capabilities

C individuals’ wealth

D individuals’ education

Review Detailed Answer

Correct Answer: individuals’ capabilities

According to Human Development Report 2003, about ________ countries were poorer in 2003 than in 1990?

A 50

B 100

C 1000

D 5

Review Detailed Answer

Correct Answer: 50

Sala-i-Martin interpolates income distribution by ?

A quientiles

B percentiles

C simulation

D relative ratio measures

Review Detailed Answer

Correct Answer: simulation

The Lorenz curve shows ?

A patterns of poverty between developed and developing countries

B the change in GDP per capita over time

C the poorest’s income shares fall in the early stages of growth

D income concentration relative to a 45-degree line

Review Detailed Answer

Correct Answer: patterns of poverty between developed and developing countries

In 2003, the UN Development Program estimated that a 1-percent LDC per capita consumption growth, with income inequality unchanging, would reduce the poverty percentage by _________ percent yearly?

A 0

B 2

C 6

D 0.5

Review Detailed Answer

Correct Answer: 2

A value of 1 in Gini index represents ?

A low inequality

B maximum inequality

C 10/10 000% inequality

D 1% inequality

Review Detailed Answer

Correct Answer: maximum inequality

Indices of income distribution measure ?

A absolute poverty

B economic growth

C relative poverty

D standard of living

Review Detailed Answer

Correct Answer: relative poverty

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Economics Mcqs 4423 MCQs [All-Courses]

All Topics 4423

All Topics 4423

Peer borrowing groups of five or so people with joit liability approve loans to other members as a substitute for the bank’s screening process The above statement applies to ?

The elasticity of propoor growth is ?

Income inequalities are often shown on a ?

Sen’s welfare theory relies on ?

According to Human Development Report 2003, about ________ countries were poorer in 2003 than in 1990?

Sala-i-Martin interpolates income distribution by ?

The Lorenz curve shows ?

In 2003, the UN Development Program estimated that a 1-percent LDC per capita consumption growth, with income inequality unchanging, would reduce the poverty percentage by _________ percent yearly?

A value of 1 in Gini index represents ?

Indices of income distribution measure ?