Social Science Worksheet

Chapter: Economic growth and economic development

Name : Roll No:

Answer these multiple choice questions by choosing correct option

1. Economic growth measures the answer choices
a) Growth of productivity c) Increase in output
b) Increase in nominal income d) None of the above
2. Which of the following explains the term economic growth answer choices?
a) Increase in per capita production
b) Increase in per capita real income
c) Structural change in the economy
d) All of the above
3. Economic growth can be measured by answer choices?
a) The CPI c) GDP
b) The CBI d) MPC
4. Which of the following scenarios explain economic development?
a) Improvement in the distribution system
b) Improvement in the technology
c) Improvement in the production
d) All of the above
5. Which of the following statements about UAE economy is not true?
a) The United Arab Emirates is a high-income developing market economy.
b) Only the Emirati people enjoyed better living condition during its developmental period.
c) The UAE's economy is the 2nd largest in the Middle East
d) The UAE economy is heavily reliant on revenues from petroleum and natural gas,
especially in Abu Dhabi.