Economics - Comparative GDP
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This is the MCQs of Economics
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Question 1 of 20
1. Question
A reasonable measure of the standard of living in a country is
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Question 2 of 20
2. Question
Many East Asian countries are growing vary quickly because:
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Question 3 of 20
3. Question
When a national has very little GDP per person,
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Question 4 of 20
4. Question
Once a country is wealthy
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Question 5 of 20
5. Question
The opportunity cost of growth is:
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Question 6 of 20
6. Question
For a given level of technology, we should expect an increase in productivity within a nation when there is an increase in each of the following except
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Question 7 of 20
7. Question
Which of the following statements is true?
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Question 8 of 20
8. Question
If a production function exhibits constant returns to scale,
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Question 9 of 20
9. Question
Copper is an example of
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Question 10 of 20
10. Question
Which of the following statements regarding the impact of population growth on productivity is true?
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Question 11 of 20
11. Question
Thomas Malthus argued that:
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Question 12 of 20
12. Question
Which of the following best describes the rate of growth in productivity in the United states over the last fifty years?
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Question 13 of 20
13. Question
Which of the following describes an increase in technological knowledge?
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Question 14 of 20
14. Question
Our standards of living is most closely related to:
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Question 15 of 20
15. Question
Which of the following is an example of foreign portfolio investment?
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Question 16 of 20
16. Question
Which of the following government policies is least likely to increase likely to increase growth in Africa?
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Question 17 of 20
17. Question
If Toyota builds a new plant in the north of England ,
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Question 18 of 20
18. Question
If in Pakistan real GDP/person in 2004 is Rs18,073 and real GDP/person is 2005 is Rs18,635 What is the growth rate of real output per person over this period?
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Question 19 of 20
19. Question
Which of the following expenditures to enhance productivity is most likely to emit a positive externality?
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Question 20 of 20
20. Question
To increase growth, governments should do all of the following except:
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