Economics out-of Development and growth Multiple choice Questions

step 1. Hence of your own following couldn’t be considered a primary financial program? a beneficial. capitalism. bmunism. c. socialism. d. actual standard of living directory. Answer: D

2. Financial innovation makes reference to good. Financial increases. b. Financial development including changes in returns shipping and you can economic build. c. Improvement in the brand new really-are of metropolitan society. d. Sustainable develops from inside the Gross National Equipment. Answer: D

step three. OPEC ‘s the a beneficial. an effective. Organization regarding Oil Exporting Nation. b. b. Company from Pre- European Fee. c. c. Oil-producing Economic climates Caucus. d. d. Company off Difficult Economic climates Panel. Answer: B

4. PPP try a good. an idea that tells us you to rate of exchange anywhere between currencies is in balance when its purchasing stamina is similar in both nations. b. GDP split up from the exchange rate. c. a way of measuring earnings inequality. d. a way of measuring baby death when you look at the developing regions. Answer: D

5. The fresh Real Quality of life Index (PQLI) combines three indicators. Continue Reading →