To improve economic development the us government is most likely in order to: a) Improve interest rates b) Increase taxation prices c) Give incentives to blow d) Promote incentives to store Answer: C 50. Monetary progress is visible by the an outward shift of: a) The production Options Frontier b) The fresh Disgusting Home-based Barrier c) The fresh Marginal Consumption Boundary d) The minimum Productive Level Answer: A great 51. Considering W. One or two b. Around three c. Five d. Five Respond to: D 52. The underdeveloped economies experience ____ which do not let the rate of growth increase regarding a reduced level. Highest society challenges b. Large kids mortality c. Hugh financial mismanagement d. Advanced of technological jobless Respond to: A good 53.
The idea of monetary increases is actually: a great. Identical to your notion of economic invention b. Narrower compared to the concept of financial advancement c. Broad compared to that of economic development d. Not related toward thought of financial innovation Respond to: B 54. The speed of growth of a savings generally hinges on: good. The rate out of growth of the labor force b. The latest proportion from federal income stored and you will spent c. The pace away from technological developments d. The above Answer: D 55. The fresh new stationary county just like the envisaged of the Adam Smith, are noted by: a beneficial. Low-rate off funds b. Subsistence level wages c. High rents d. Most of the a lot more than Address: D 56. Exactly who put forward the theory regarding public dualism? An excellent.Lewis b.
Grams.Myrdal c. J.H. Boeke d. Hirshman Respond to: C 57. Just who created the term ‘demonstration effect’? W.W. Rostow b. James Duessenberry c. Roentgen.Nurkse d. J.K. Galbraith Respond to: B 58. Unemployment developed by specific a lot of time-name change in demand or scientific conditions inside the an economy are called: good. Frictional jobless b. Cyclic un-a career c. Structural unemployment d. Concealed unemployment Address: C 59. How many values away from financial development were discussed and you will analysed by the Rostow and that all of the economies should transit on span of their development? 7 b. Four c. Five d. Around three Respond to: B 60. Brand new ‘big-push’ strategy from development was advocated because of the: good. Paul N-Rosenstein-Rodan b. Simon Kuznets c. W.A beneficial, Lewis d. Hirshman Answer: An excellent 61. And therefore growth model inspired the application of resource-efficiency proportion having invention thought?
Brand new Harrod-Domar model b. Solow’s design c. Kaldor’s design d. Feldman’s model Respond to: A great 62. Because the an aid so you’re able to development think, much play with will be produced today of your own enter in-yields investigation. Whom earliest used it? H. Liebenstein b. W.W. Leontief c. W.A. Lewis d. Hirshman Answer: B 63. Healthy gains indicates: a beneficial. Parallel development of a number of issues, and this assistance one another b. Equal allotment off resources to different circles c. Different sectors increasing from the its pure rates out-of growth d. Uniform growth rate out-of production over time Respond to: C 64. Invention that have endless provides out-of labour hypothesis was developed of the: a. Gustav Ranis b. W.A great. Lewis c. Roentgen. Nurkse d. J.Schumpeter Respond to: B 65.
Which of the adopting the isn’t accurately matched up?
Big-push method: Paul Letter. Rosenstein- Rodan b. Balanced gains principle: R. Nurkse c. Development which have unlimited offers out-of work: A-0. Hirschman d. Crucial minimum method: Prof. Harvey Leibenstein Address: C 66. Which have financial development, the league Login the fresh proportion out-of labor-push involved with agriculture: a. Expands b. Minimizes c. Stays unchanged d. Alterations in an uncertain fashion Answer: B 67. Which of the adopting the gotten a main set from the Schumpeter in the principle of invention? Funding buildup b. Part of Regulators c. Significance of well-balanced progress d. Part away from innovations Respond to: D 68. In which of following types of dualism are H. Myint particularly associated with? Technological dualism b. Geographic dualism c. Monetary dualism d. Social dualism Answer: C 69. The following phase of theory of demographic change was characterised by: an excellent.