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W. Rostow, the fresh new degrees from economic progress try: an excellent

To increase financial gains the federal government is most likely so you’re able to: a) Improve interest rates b) Boost tax pricing c) Render incentives to invest d) Bring incentives to save Answer: C fifty. Monetary gains can be seen because of the an external shift off: a) The production Chance Frontier b) Brand new Disgusting Residential Burden c) The fresh Marginal Consumption Frontier d) The minimum Successful Measure Answer: An effective 51. Based on W. A couple of b. Around three c. Four d. Five Address: D 52. All underdeveloped economic climates have ____ that don’t allow the rate of growth rise regarding a lowered level. Large inhabitants demands b. High baby mortality c. Hugh monetary mismanagement d. High level away from scientific unemployment Answer: An excellent 53.

The thought of economic increases was: a good. Identical into concept of financial development b. Narrower versus notion of economic advancement c. Greater compared to the compared to monetary invention d. Not related into the thought of monetary creativity Address: B 54. The pace out-of development of an economy mostly relies upon: good. The speed from development of the labor push b. The fresh new proportion out of national earnings protected and you may spent c. The pace of technological advancements d. All the a lot more than Answer: D 55. This new fixed state just like the envisaged of the Adam Smith, was marked by the: a good. Low-rate off finances b. Subsistence level wages c. Higher rents d. All the significantly more than Answer: D 56. Just who put forward the concept off personal dualism? A great.Lewis b.

G.Myrdal c. J.H. Boeke d. Hirshman Answer: C 57. Which coined the definition of ‘demonstration effect’? W.W. Rostow b. James Duessenberry c. Roentgen.Nurkse d. J.K. Galbraith Respond to: B 58. Unemployment developed by specific enough time-label change in demand otherwise technological standards in the a discount are labeled as: an effective. Frictional jobless b. Cyclic un-employment c. Architectural jobless d. Disguised jobless Answer: C 59. Exactly how many amount away from monetary development were discussed and you may analysed by the Rostow which the economies should move across on course of their advancement? Seven b. Four c. Four d. About three Respond to: B sixty. The fresh new ‘big-push’ means regarding creativity was first advocated of the: a great. Paul N-Rosenstein-Rodan b. Simon Kuznets c. W.Good, Lewis d. Hirshman Answer: A 61. And therefore increases design passionate employing investment-production proportion to have development thought?

An excellent.O

The Harrod-Domar model b. Solow’s model c. Kaldor’s design d. Feldman’s design Respond to: A 62. Once the a help to help you invention considered, far explore will be generated now of your enter in-productivity studies. Whom first tried it? H. Liebenstein b. W.W. Leontief c. W.A great. Lewis d. Hirshman Answer: B 63. Balanced growth suggests: an effective. Multiple growth of different facts, and that assistance each other b. Equal allotment of info to different sectors matchbox c. Additional groups expanding at its sheer cost out of growth d. Uniform growth rate of production through the years Respond to: C 64. Development with limitless provides away from work theory is actually designed of the: good. Gustav Ranis b. W.A good. Lewis c. Roentgen. Nurkse d. J.Schumpeter Respond to: B 65.

And therefore of adopting the isn’t precisely matched up?

Big-force approach: Paul Letter. Rosenstein- Rodan b. Well-balanced development theory: Roentgen. Nurkse c. Advancement having limitless offers of labour: A-0. Hirschman d. Vital minimal means: Prof. Harvey Leibenstein Address: C 66. Having monetary increases, the latest ratio away from work-force involved with agriculture: an effective. Develops b. Decreases c. Stays unaffected d. Changes in an ambiguous style Answer: B 67. What type of the following the gotten a central set from the Schumpeter in his idea from creativity? Money accumulation b. Part of Bodies c. Dependence on healthy progress d. Part out-of designs Respond to: D 68. That of the adopting the types of dualism try H. Myint including in the? Technological dualism b. Geographical dualism c. Financial dualism d. Societal dualism Answer: C 69. The following stage of your own idea of group transition was characterised by: a great.

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