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What is the term used by economists to signify the combined valuation of services and products manufactured by citizens of a particular nation and their cumulative property price??

Correct Answer: 1

In which industrial sector there is ample probability of coming across a disguised unemployment scenario?

Correct Answer: 1

Hereby we have put a few instances which are commonly referred to as scenarios that explain the economic growth and development of a community by the general population. Please choose the option that specifically explains economic growth.

Correct Answer: 4

The instances of severe unemployment rates, lack of net capital, and increased percentage of technological imports are repeatedly noticed in which type of the following economies?

Correct Answer: 2

What is the theory of nominal national income?

Correct Answer: 2

Point out the indicator which is absent as a determining factor for an economically strong nation.

Correct Answer: 3

What is the underlying concept of economic development?

Correct Answer: 3

We often come across the abbreviation PQLI when we read reports of economic development. Please choose the option that lists the correct set of indicators that are eligible for assessing the quality of life of a particular community.

Correct Answer: 2

The Lewis model of economic growth discusses the theory of dual economy. A dual economy develops when any one of the below-mentioned criteria is met. Choose the right option.

Correct Answer: 2

What do we learn about economic growth from the Harrod-Domar theory?

Correct Answer: 2

Among the following four options can you choose the correct indicator that is considered an index of growth?

Correct Answer: 4

Which of the following is a non-economic factor of growth?

Correct Answer: 1

With a considerable advancement of policies that leads to the economic development of a community, we prepare a graph that expresses income inequality. Can you identify the characteristics of that graph?

Correct Answer: 3

What information can be derived specifically through the Lorenz curve?

Correct Answer: 3

Which of the following best defines economic development?

Correct Answer: 2

Which factor is NOT typically considered as an indicator of economic development?

Correct Answer: 4

The Human Development Index HDI) takes into account which of the following indicators?

Correct Answer: 1

Which of the following is NOT a characteristic of a developing country?

Correct Answer: 1

What is the primary goal of economic development policies?

Correct Answer: 4

Which sector is often considered the engine of economic growth in developing countries?

Correct Answer: 2

The "trickle-down effect" suggests that economic growth will eventually benefit:

Correct Answer: 4

Which of the following is NOT a barrier to economic development?

Correct Answer: 2

What is the main strategy for achieving sustainable economic development?

Correct Answer: 2

Which international organization provides financial assistance and technical support to developing countries?

Correct Answer: 1

Which of the following is NOT a characteristic of economic development?

Correct Answer: 4

Which theory of economic development emphasizes the role of savings, investment, and capital accumulation?

Correct Answer: 4

Which factor is NOT considered a determinant of economic development?

Correct Answer: 3

Which of the following is an example of a developing country?

Correct Answer: 2

What is the primary goal of economic development policies?

Correct Answer: 3

Which of the following sectors typically experiences growth during economic development?

Correct Answer: 3

What does the Human Development Index HDI) measure?

Correct Answer: 3

Which term refers to the total market value of all final goods and services produced within a country in a given period?

Correct Answer: 2

Which economic indicator reflects the percentage of people living below the poverty line?

Correct Answer: 3

What role do multinational corporations MNCs) play in economic development?

Correct Answer: 2

Which of the following is NOT a characteristic of economic development?

Correct Answer: 4

Which theory suggests that economic development occurs through stages of traditional society, preconditions for take-off, take-off, drive to maturity, and high mass consumption?

Correct Answer: 4

Which factor is NOT typically considered a driver of economic development?

Correct Answer: 2

Which measure assesses the overall economic health and development of a country based on factors like life expectancy, education, and per capita income?

Correct Answer: 2

Which strategy emphasizes the role of market forces, free trade, and minimal government intervention in promoting economic development?

Correct Answer: 3

Which term refers to the situation where a country's economy is heavily reliant on a narrow range of primary goods or commodities for export?

Correct Answer: 2

Which organization provides financial assistance and policy advice to developing countries with the aim of promoting economic development and reducing poverty?

Correct Answer: 3

Which concept refers to the transfer of funds, technology, and expertise from developed countries to developing countries to foster economic development?

Correct Answer: 4

Which term describes the situation where economic growth benefits the wealthy disproportionately, leading to a widening gap between the rich and poor?

Correct Answer: 2

Which approach to development emphasizes the importance of empowering women, promoting social justice, and addressing inequalities as essential components of economic progress?

Correct Answer: 3

Which of the following is NOT a characteristic of economic development?

Correct Answer: 4

What is the primary goal of economic development?

Correct Answer: 3

Which sector typically experiences the most significant growth during economic development?

Correct Answer: 3

Which of the following is NOT a factor affecting economic development?

Correct Answer: 3

Which economic theory emphasizes the role of investment in driving economic development?

Correct Answer: 4

What is the term used to describe the transition of an economy from primarily agricultural to industrial?

Correct Answer: 2

Which concept in economic development refers to the process by which a country's economy transitions from agriculture-based to industry-based activities, focusing on the development of infrastructure and industrialization?

Correct Answer: 2

What is the "Human Development Index" (HDI) primarily used to measure in terms of economic development?

Correct Answer: 3

Which of the following is a primary concern of the "Dutch Disease" in the context of economic development?

Correct Answer: 2

Which economic concept refers to the process where economic growth leads to improvements in the standard of living and reduction in poverty through more equitable distribution of wealth?

Correct Answer: 1

Which approach to economic development focuses on improving the quality of life and expanding opportunities for individuals through education, health care, and social services?

Correct Answer: 2