

MCQOPTIONS
This section includes 13 Mcqs, each offering curated multiple-choice questions to sharpen your Economics Mcqs knowledge and support exam preparation. Choose a topic below to get started.
1. |
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 | |
2. |
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 | |
3. |
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 |
Answer» C. land | |
4. |
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 | |
5. |
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 | |
6. |
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 | |
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. |
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 | |
9. |
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 | |
10. |
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 | |
11. |
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. | |
12. |
Which of the following is True about HIV/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 | |
13. |
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 | |