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.Management Sciences
Category: The Meaning and Measurement of Economic Development
OPEC is the ?
A. Organization of Petroleum Exporting Country
B. Organization of Pre-European Commission
C. Oil Producing Economies Caucus
D. Organization of Problematic Economies Committee
The Paasche index uses _________ weights?
A. current-year
B. base-year
C. fisher-ideal index
D. Purchasing Power Parity (PPP)
Which of the following countries is not a low income country ?
A. Indonesia
B. India
C. Malaysia
D. Nigeria
Longevity is proxy for ________ in the Human Development Index?
A. health and nutrition
B. living standard
C. infant mortality
D. Purchasing Power Parity
IF GDP for Maldivies is $435 million in 2012 and the GDP per capita is $1576.087 the population of the country must be ?
A. 276,000
B. 1576,086
C. 0.276
D. 3.623
Infant mortality ?
A. is defined as the annual number of deaths of infant under 1 year old per 1,000 live births
B. reflects the availability of primary education the rights of employments and social security
C. is life expectancy up to age 3
D. reflects the availability of hospitals and childcare facilities and the parents wealth
If GNP for Vatican City the smallest country in the world is 200 million euros in year 2011 and its population is 890 GNP per capita is_____________?
A. 2000 – 890
B. 200/890
C. 200,000,000/890
D. 200
Economic development refers to ?
A. economic growth
B. economic growth plus changes in (c) output distribution and economic structure
C. improvement in the well-being of the urban population
D. sustainable increase in Gross National Product
The formula to calculate economic growth from 2001 to 2002 is given by ?
A. [(GDP2002 + GDP2001)/GDP2001]100
B. [(GDP2002 – GDP2001) GDP2001]100
C. [(GDP2002 – GDP2001)/GDP2001]100
D. [(GDP2001 – GDP2002]100
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