Economics MCQs For Lectureship CSS PMS And NTS Part III

71 Who originally formulated the hypothesis of development with unlimited supplies of labor?

A. Lewis

72 The labor force engagement in agriculture decreases with

Economic growth

73 Shadow prices are useful in which sphere?

Project evaluation and cost benefit analyses

74 According to the Schumpeter’s model, from where the innovating entrepreneurs gets the necessary finance?

Bank-credit

75 H. Myint was particularly associated with which kind of dualism?

Financial dualism

76 What characterized the second stage of the theory of demographic transition?

High birth-rate and falling death-rate

77 What does perspective planning means?

Long term planning

78 What Marx attributed the capitalist crisis to?

Falling rate of profit

79 According to R. Nurkse investment in an underdeveloped economy is limited mainly by the

Size of the market

80 On what the economy of Brazil is mostly dependent?

Sugar