To increase economic progress government entities is most likely so you can: a) Increase rates b) Raise income tax prices c) Promote bonuses to blow d) Promote incentives to keep Address: C 50. Monetary increases is seen of the an external change out of: a) The production Chance Frontier b) This new Terrible Domestic Hindrance c) The brand new Limited Usage Boundary d) The minimum Productive Measure Answer: Good 51. Based on W. One or two b. Around three c. Four d. Five Answer: D 52. All underdeveloped economic climates experience ____ which do not allow the rate of growth go up away from a lowered level. Highest people demands b. High infant mortality c. Hugh economic mismanagement d. High-level off technological unemployment Address: A great 53.
The concept of economic development try: an excellent. Similar to the idea of economic advancement b. Narrower versus thought of economic innovation c. Greater compared to the compared to financial development d. Unrelated into concept of monetary innovation Answer: B 54. The rate off growth of an economy primarily depends upon: a beneficial. The pace off growth of the newest labour force b. New proportion off national income stored and you may spent c. The interest rate from technical advancements d. All of the more than Respond to: D 55. The latest stationary condition since envisaged because of the Adam Smith, try marked by the: good. Low-rate away from money b. Subsistence top wages c. Highest rents d. Most of the a lot more than Answer: D 56. Who put forward the theory off personal dualism? A great.Lewis b.
G.Myrdal c. J.H. Boeke d. Hirshman Respond to: C 57. Which coined the word ‘trial effect’? W.W. Rostow b. James Duessenberry c. Roentgen.Nurkse d. J.K. Galbraith Answer: B 58. Unemployment developed by certain much time-title improvement in consult otherwise scientific requirements in the a benefit was known as: a good. Frictional unemployment b. Cyclic un-employment c. Structural unemployment d. Concealed unemployment Address: C 59. How many stages out of monetary gains was indeed discussed and analysed by the Rostow which all the economies should go through throughout the course of their development? Eight b. Four c. Four d. About three Answer: B 60. The fresh new ‘big-push’ method from advancement was initially recommended of the: a. Paul N-Rosenstein-Rodan b. Simon Kuznets c. W.An excellent, Lewis d. Hirshman Address: A 61. And therefore growth design driven the usage funding-returns proportion for creativity considered?
A.O
New Harrod-Domar design b. Solow’s design c. Kaldor’s design d. Feldman’s model Address: A great 62. Since an aid so you’re able to development believed, much use will be made now of the enter in-output data. Whom first used it? H. Liebenstein b. W lovestruck.W. Leontief c. W.A. Lewis d. Hirshman Answer: B 63. Well-balanced progress means: good. Multiple development of some situations, hence service both b. Equal allotment out of info to different groups c. Different groups growing within the absolute cost away from gains d. Consistent growth rate of output through the years Respond to: C 64. Invention having unlimited provides away from labor theory was developed by the: a good. Gustav Ranis b. W.Good. Lewis c. R. Nurkse d. J.Schumpeter Answer: B 65.
And that of your after the is not truthfully paired?
Big-push means: Paul N. Rosenstein- Rodan b. Well-balanced growth principle: R. Nurkse c. Invention having endless offers of labor: A-0. Hirschman d. Vital minimum method: Prof. Harvey Leibenstein Address: C 66. With monetary growth, the proportion away from work-push involved with farming: an excellent. Develops b. Minimizes c. Remains unchanged d. Alterations in an ambiguous styles Respond to: B 67. What type of one’s pursuing the obtained a central place by the Schumpeter in the idea of innovation? Financial support accumulation b. Part of one’s Regulators c. Importance of well-balanced progress d. Part away from designs Answer: D 68. With which of one’s adopting the kinds of dualism is actually H. Myint such as of this? Technical dualism b. Geographic dualism c. Economic dualism d. Public dualism Address: C 69. Another stage of your idea from group changeover was characterised by: a great.
