Explore topic-wise MCQs in Economics.

This section includes 12 Mcqs, each offering curated multiple-choice questions to sharpen your Economics knowledge and support exam preparation. Choose a topic below to get started.

1.

Which of the following is True about HIV/AIDS ?_x005F_x000D_I- Women comprised 58 percent of HIV-positive adults in the Sub-Sahara_x005F_x000D_II- AIDs infection rates in Africa are highest among urban high_x005F_x000D_III- in 2001 40 million people with HIV/AIDS lived in sub-Saharan Africa_x005F_x000D_IV- Since 1981 120 million people have died of AIDS

A. I and II only
B. III and IV only
C. I, II and III only
D. I, II , III and IV
Answer» B. III and IV only
2.

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
Answer» D. Boys are sent to schools far more often than girls
3.

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
Answer» D. 19 of the 20 countries with the highest child mortality were in Africa
4.

The marginal product model assumes that ?

A. individuals pay the full cost of their education
B. government subsidizes schooling
C. education persons migrate more
D. capital and unskilled labor are complements
Answer» B. government subsidizes schooling
5.

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
Answer» B. human capital deterioration
6.

The disease burden could be measured by calculating _________ combining years lost through premature death and from living with disability?

A. mortality-adjusted lifelong
B. premature living age
C. life mortality-fertility ratio
D. disability-adjusted life years
Answer» E.
7.

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
Answer» B. 7 million, 0.7 million
8.

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
Answer» D. None of the above is correct
9.

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
Answer» D. The substitutability of labor to capital
10.

In 2000, the Economist estimated that only _________ of some 360 million internet users were in Africa ?

A. 60 million
B. 10 million
C. 3 million
D. million
Answer» D. million
11.

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
Answer» C. upper-and middle-class westerners
12.

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