To improve financial increases government entities is probably in order to: a) Increase interest levels b) Raise taxation prices c) Promote incentives to spend d) Provide incentives to save Answer: C fifty. Monetary growth can be seen by the an external shift from: a) The supply Possibility Boundary b) The newest Terrible Home-based Hindrance c) The Limited Usage Frontier d) Minimal Successful Level Answer: A beneficial 51. Based on W. Two b. Around three c. Four d. Five Answer: D 52. All of the underdeveloped economies suffer from ____ which do not allow the growth rate go up off less peak. High population pressures b. Highest kids mortality c. Hugh monetary mismanagement d. High-level out-of technical unemployment Respond to: An effective 53.

The thought of financial growth are: a good. Similar on notion of economic innovation b. Narrower compared to the concept of economic development c. Greater versus regarding economic innovation d. Not related on thought of financial advancement Answer: B 54. The rate of growth of a benefit generally varies according to: good. The interest rate away from growth of the labor push b. The brand new proportion away from federal money saved and invested c. The rate out of technological developments d. All the over Answer: D 55. The fresh new fixed state just like the envisaged from the Adam Smith, are noted from the: a. Low rate off profit b. Subsistence level wages c. High rents d. The significantly more than Answer: D 56. Whom put forward the concept of societal dualism? A beneficial.Lewis b.

G.Myrdal c. J.H. Boeke d. Hirshman Address: C 57. Just who created the definition of ‘demo effect’? W.W. Rostow b. James Duessenberry c. Roentgen.Nurkse d. J.K. Galbraith Address: B 58. Unemployment created by particular enough time-name improvement in request otherwise technological criteria when you look at the an economy is labeled as: a good. Frictional unemployment b. Cyclic un-employment c. Structural jobless d. Concealed jobless Address: C 59. How many degrees regarding economic growth had been laid out and you will analysed because of the Rostow hence the economic climates should move across regarding the course of the invention? Seven b. Five c. Four d. About three Address: B sixty. New ‘big-push’ method out-of creativity was recommended of the: a. Paul Letter-Rosenstein-Rodan b. Simon Kuznets c. W.A, Lewis d. Hirshman Address: A beneficial 61. And that progress design motivated the application of capital-productivity ratio for development believed?

A great.O

The brand new Harrod-Domar model b. Solow’s model c. Kaldor’s model d. Feldman’s model Respond to: A great 62. Since the an aid so you can creativity think, far use has been produced today of input-output data. Just who basic used it? H. Liebenstein b. W.W. Leontief c. W.A. Lewis d. Hirshman Answer: B 63. Balanced growth means: a. Parallel growth of many different situations, hence assistance one another b. sugarbook Equivalent allocation out of information to various groups c. More sectors expanding within their natural costs from development d. Consistent rate of growth from production over time Address: C 64. Creativity that have limitless offers from work theory try devised from the: a good. Gustav Ranis b. W.An effective. Lewis c. R. Nurkse d. J.Schumpeter Respond to: B 65.

Hence of your own after the isn’t accurately matched up?

Big-push strategy: Paul N. Rosenstein- Rodan b. Healthy gains idea: R. Nurkse c. Innovation with limitless provides from labour: A-0. Hirschman d. Important minimal means: Prof. Harvey Leibenstein Address: C 66. That have economic progress, the brand new ratio of labour-force involved with farming: an effective. Develops b. Decrease c. Stays unchanged d. Changes in an uncertain manner Respond to: B 67. What type of your own following gotten a main place of the Schumpeter in his theory out-of advancement? Investment accumulation b. Role of your Authorities c. Significance of healthy progress d. Character out of innovations Respond to: D 68. With which of the following types of dualism was H. Myint eg of? Technical dualism b. Geographic dualism c. Economic dualism d. Societal dualism Answer: C 69. The second stage of your idea of market transition is actually characterised by: an excellent.