To improve economic development government entities is most likely so you can: a) Improve interest rates b) Raise tax prices c) Offer incentives to expend d) Offer bonuses to save Respond to: C 50. Monetary growth can be seen because of the an external move of: a) The production Chance Boundary b) The fresh new Disgusting Home-based Barrier c) The latest Limited Application Frontier d) Minimal Effective Level Respond to: Good 51 qeep. According to W. Several b. Around three c. Four d. Five Respond to: D 52. All of the underdeveloped economic climates have problems with ____ that don’t allow growth rate rise away from a lower top. Higher society demands b. Higher child mortality c. Hugh monetary mismanagement d. Advanced level regarding scientific unemployment Address: A beneficial 53.

The concept of monetary increases is actually: an excellent. Similar towards idea of financial invention b. Narrower than the notion of monetary development c. Greater compared to the that of monetary invention d. Not related into idea of monetary invention Answer: B 54. The speed out-of development of a discount mainly is dependent on: a great. The pace regarding development of the work force b. The newest proportion of federal earnings stored and you will invested c. The speed out-of technological developments d. Most of the a lot more than Address: D 55. The newest stationary county as the envisaged from the Adam Smith, is actually marked of the: good. Low-rate out-of profit b. Subsistence level wages c. High rents d. Most of the above Address: D 56. Exactly who submit the theory out of societal dualism? An effective.Lewis b.

G.Myrdal c. J.H. Boeke d. Hirshman Address: C 57. Just who coined the term ‘demonstration effect’? W.W. Rostow b. James Duessenberry c. R.Nurkse d. J.K. Galbraith Respond to: B 58. Unemployment created by particular long-title improvement in request otherwise technological standards when you look at the a discount try also known as: a. Frictional unemployment b. Cyclic united nations-work c. Architectural jobless d. Concealed unemployment Answer: C 59. Just how many degrees out-of economic increases was indeed laid out and you can analysed by the Rostow and this the economic climates are supposed to go through about span of their innovation? 7 b. Five c. Five d. Around three Answer: B 60. The latest ‘big-push’ method out-of creativity was first recommended from the: an excellent. Paul N-Rosenstein-Rodan b. Simon Kuznets c. W.A good, Lewis d. Hirshman Respond to: An effective 61. And therefore gains design inspired employing financial support-production ratio to possess creativity believe?

A.O

The fresh Harrod-Domar model b. Solow’s model c. Kaldor’s design d. Feldman’s model Answer: A great 62. While the a help in order to innovation considered, far use is produced today of your type in-productivity data. Who first tried it? H. Liebenstein b. W.W. Leontief c. W.A great. Lewis d. Hirshman Answer: B 63. Balanced growth means: a good. Multiple development of various facts, and this assistance one another b. Equivalent allowance regarding resources to various sectors c. Other sectors growing in the the pure costs from development d. Uniform rate of growth of productivity through the years Respond to: C 64. Invention that have unlimited offers from work hypothesis is actually designed from the: an excellent. Gustav Ranis b. W.An excellent. Lewis c. Roentgen. Nurkse d. J.Schumpeter Address: B 65.

And that of after the is not precisely matched?

Big-push strategy: Paul N. Rosenstein- Rodan b. Balanced growth idea: Roentgen. Nurkse c. Invention which have endless offers away from labour: A-0. Hirschman d. Critical minimal means: Prof. Harvey Leibenstein Address: C 66. Having financial increases, the new ratio regarding labor-push involved with farming: an excellent. Develops b. Decreases c. Remains unchanged d. Alterations in an ambiguous trend Respond to: B 67. Which one of adopting the gotten a central place of the Schumpeter inside the principle out-of innovation? Capital buildup b. Role of your Government c. Dependence on healthy growth d. Character out-of innovations Respond to: D 68. That of one’s following categories of dualism was H. Myint including of this? Scientific dualism b. Geographic dualism c. Economic dualism d. Personal dualism Respond to: C 69. Next stage of your own idea away from demographic changeover is characterised by: good.