To boost economic progress the us government is most likely to help you: a) Raise rates b) Increase income tax cost c) Promote incentives to spend d) Offer bonuses to store Answer: C fifty. Financial progress can be seen of the an external move out-of: a) The production Chance Frontier b) The new Terrible Residential Barrier c) The new Limited Application Frontier d) Minimal Successful Size Address: An effective 51. Centered on W. A few b. Around three c. Five d. Five Address: D 52. Every underdeveloped economic climates experience ____ that do not allow the growth rate increase regarding a reduced level. High populace challenges b. Large kid mortality c. Hugh financial mismanagement d. Advanced level of scientific unemployment Address: A good 53.
The idea of monetary increases is actually: an effective. The same towards idea of financial advancement b. Narrower versus concept of economic development c. Wider compared to that of financial innovation d. Unrelated to your concept of monetary advancement Answer: B 54. The rate from growth of a discount generally relies upon: good. The rate out-of growth of the fresh work push b. The brand new ratio out of national money conserved and you can spent c. The speed out-of technical advancements d. All of the a lot more than Answer: D 55. This new fixed county once the envisaged by the Adam Smith, is noted because of the: a great. Low rate away from earnings b. Subsistence level wages c. Higher rents d. All of the more than Respond to: D 56. Whom submit the theory out of societal dualism? A.Lewis b.
G.Myrdal c. J.H. Boeke d. Hirshman Respond to: C 57. Who created the word ‘demonstration effect’? W.W. Rostow b. James Duessenberry c. R.Nurkse d. J.K. Galbraith Address: B 58. Unemployment developed by specific much time-term change in demand otherwise scientific criteria into the an economy are also known as: a great. Frictional jobless b. Cyclical us-work c. Architectural unemployment d. Disguised unemployment Respond to: C 59. Exactly how many grade out-of economic increases was indeed laid out and you may analysed by the Rostow and therefore all economies should transit about course of the invention? 7 b. Four c. Five d. About three Address: B 60. The fresh ‘big-push’ approach out-of development was advocated by: a beneficial. Paul N-Rosenstein-Rodan b. Simon Kuznets c. W.A beneficial, Lewis d. Hirshman Address: An effective 61. And this growth model inspired using funding-efficiency ratio for creativity believed?
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Brand new Harrod-Domar design b. Solow’s model c. Kaldor’s design d. Feldman’s design Respond to: An excellent 62. Because the a help in order to innovation think, far fool around with will be generated today of the enter in-yields investigation. Who very first tried it? H. Liebenstein b. W.W. Leontief c. W.A great. Lewis d. Hirshman Answer: B 63. Healthy growth ways: an effective. Multiple development of several factors, and this support each other b. Equivalent allocation off information to several circles c. More sectors expanding from the the natural cost out of gains d. Consistent growth rate from returns through the years Answer: C 64. Development with endless offers from work theory try formulated from the: an effective. Gustav Ranis b. W.A. Lewis c. Roentgen. Nurkse d. J.Schumpeter Answer: B 65.
And this of the after the isn’t truthfully paired?
Big-push approach: Paul Letter. Rosenstein- Rodan b. Well-balanced gains concept: Roentgen. Nurkse c. Invention having limitless offers regarding work: A-0. Hirschman d. Crucial minimum strategy: Prof. Harvey Leibenstein Address: C 66. That have economic development, the brand new ratio from work-push involved with agriculture: a beneficial. Grows b. Reduces c. Stays unchanged d. Changes in an ambiguous trend Respond to: B 67. Which of following was given a central put by Schumpeter within his concept out of advancement? Capital accumulation b. Part of your own Authorities c. Significance of healthy development d. Character regarding innovations Answer: D 68. In which of the adopting the kinds pure of dualism are H. Myint for example of? Technical dualism b. Geographical dualism c. Economic dualism d. Public dualism Address: C 69. The second stage of your own theory regarding group change is actually characterised by: good.
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