Economic Development Quiz by Shubhrata Shrestha | Jul 8, 2025 | 0 comments Economic Development Quiz 1. Which of the following is not a component of the Human Development Index (HDI)? A. GDP Growth Rate B. Life Expectancy C. Education Level D. GNI per capita None 2. A high-income country is defined by the World Bank as having a GNI per capita of: A. Below $1,135 B. Between $1,136–$4,465 C. Between $4,466–$13,845 D. Above $13,846 None 3. What does PPP stand for in economic development? A. Private-Public Partnership B. Per Person Productivity C. Purchasing Power Parity D. Public Price Point None 4. One of the limitations of monetary indicators of development is that they: A. Are too detailed B. Ignore environmental and social factors C. Consider non-market transactions D. Always show poverty accurately None 5. Which index adjusts GDP for pollution, leisure, and income distribution? A. MPI B. HDI C. MEW D. CPI None 6. An economy that relies heavily on agriculture and has low industrial output is most likely: A. A developed country B. A high-income country C. An underdeveloped country D. A post-industrial country None 7. The inverted U-shaped relationship between income inequality and economic growth is represented by the: A. Laffer Curve B. Lorenz Curve C. Kuznets Curve D. Phillips Curve None 8. Which of the following is a non-monetary indicator of development? A. GDP B. Inflation Rate C. Life Expectancy D. Exchange Rate None 9. Which composite index measures deprivations in health, education, and living standards? A. CPI B. MPI C. GNP D. LRAC None 10. Which of the following countries would most likely be classified as a developed economy? A. Nepal B. Brazil C. Germany D. Chad None Time's up Submit a Comment Cancel replyYour email address will not be published. Required fields are marked *Comment * Name * Email * Website Save my name, email, and website in this browser for the next time I comment. Δ
