Question # 1

It is not a facor of economic development

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Money

Land

Capital

Technology

The highest govt body for economic planig is Pakistan is.

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Planning Council

Planning Board

Planning commission

Planning Department

When economic development takes place

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Market imperfections increase

Population increases

Capital stock increases

B and C above

Our exportw mainly counsist of.

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Cotton Product

Machinery

Sports goods

a and c above

Contribution of agriculture in Pakistan's national income is

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19%

29%

39%

49%

Economic Development

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Is the same as economic growth

Means improvement in lifestyle

Exists when there is equal distributio of income

All of the above

We can increase rate of economic growth in Pakistna if we icrease.

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Investment

Population

Imports

taxes

Economic planning in Pakistan started

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During 1950s

During 1960s

During 1970s

During 1980s

Contribution of Industrial sector in Pakistan economy is.

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24%

14%

Less than 10%

Measurement of economic development is based on.

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Monetary income

Real Income

Future income

Permenent Income

When economic development takes place.

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Market imperfections increase

Population increses

Capital stock increases

All of the above

All labour is

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Homogeneious

Heterogenecous

Lazy

Intelligent

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Icom Part 2 Principles of Economics Chapter 11 English Medium Online Test MCQs With Answers

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