To increase economic progress the government might be so you can: a) Increase rates of interest b) Increase income tax cost c) Promote incentives to invest d) Give bonuses to save Address: C fifty. Monetary development is visible of daten met christianmingle the an outward change out-of: a) The production Possibility Frontier b) The Disgusting Home-based Barrier c) The newest Limited Application Boundary d) The minimum Efficient Size Respond to: A great 51. One or two b. Around three c. Four d. Five Respond to: D 52. All the underdeveloped economic climates suffer with ____ that don’t allow the rate of growth rise out of a lower life expectancy top. High populace challenges b. Large kid mortality c. Hugh economic mismanagement d. Advanced level out of scientific jobless Respond to: A great 53.

Wider compared to regarding monetary invention d

The concept of economic progress was: a. The same towards thought of financial development b. Narrower compared to the notion of financial innovation c. Unrelated for the thought of monetary creativity Answer: B 54. The pace regarding growth of a discount primarily is dependent on: good. The pace of development of the brand new work push b. The new proportion from federal income saved and you will invested c. The rate away from technological developments d. All the over Respond to: D 55. The fresh stationary county since the envisaged of the Adam Smith, try noted because of the: an excellent. Low-rate away from finances b. Subsistence level earnings c. High rents d. The over Address: D 56. Who put forward the idea regarding social dualism? A.Lewis b.

Grams.Myrdal c. J.H. Boeke d. A.O. Hirshman Answer: C 57. Just who created the word ‘demonstration effect’? W.W. Rostow b. James Duessenberry c. R.Nurkse d. J.K. Galbraith Answer: B 58. Unemployment created by particular a lot of time-title improvement in demand or technical conditions within the a benefit is actually labeled as: a good. Frictional jobless b. Cyclical us-employment c. Structural unemployment d. Disguised jobless Answer: C 59. Exactly how many stages away from financial development was in fact outlined and you will analysed by the Rostow and this most of the economic climates should go through regarding course of their creativity? 7 b. Four c. Four d. Around three Address: B sixty. The brand new ‘big-push’ strategy regarding development was first advocated by the: good. Paul Letter-Rosenstein-Rodan b. Simon Kuznets c. W.An excellent, Lewis d. An effective.O. Hirshman Respond to: A 61. And that increases design passionate the usage financial support-yields proportion to possess invention believed?

The brand new Harrod-Domar model b. Solow’s model c. Kaldor’s model d. Feldman’s model Address: A great 62. As a help to help you innovation think, far fool around with has been generated now of your enter in-output studies. Who very first tried it? H. Liebenstein b. W.W. Leontief c. W.An effective. Lewis d. A.O. Hirshman Address: B 63. Balanced gains ways: a beneficial. Multiple growth of a number of points, and therefore assistance one another b. Equivalent allowance from info to several sectors c. Other circles broadening from the their pure costs regarding progress d. Consistent growth rate out of returns throughout the years Respond to: C 64. Advancement having unlimited offers off labor hypothesis try conceived because of the: good. Gustav Ranis b. W.A good. Lewis c. Roentgen. Nurkse d. J.Schumpeter Respond to: B 65. Which of your pursuing the isn’t precisely coordinated?

Considering W

Big-force strategy: Paul Letter. Rosenstein- Rodan b. Healthy gains theory: R. Nurkse c. Invention having unlimited supplies regarding work: A-0. Hirschman d. Crucial lowest approach: Prof. Harvey Leibenstein Answer: C 66. That have financial progress, the ratio out of work-force engaged in farming: a great. Expands b. Decrease c. Remains unchanged d. Changes in an ambiguous manner Answer: B 67. Which of the adopting the got a central lay from the Schumpeter inside the idea from creativity? Money buildup b. Role of your own Authorities c. Requirement for well-balanced gains d. Role of designs Respond to: D 68. That of your own following the types of dualism is actually H. Myint including of this? Scientific dualism b. Geographical dualism c. Monetary dualism d. Public dualism Respond to: C 69. Another phase of your own concept regarding group transition is characterised by: a beneficial.