The Harrod Domar growth model suggests that growth is ?

Related Mcqs:

The Vicious circle theory states that ?

A. growing government assistance create addiction to welfare programs B. low income levels create pressure for money creation C. low income levels create pressure for cheap imports D. low per capita incomes creates low savings that keep incomes low...

Surplus labor theories assume that ?

A. LDCs are overpopulated B. labor contributes nothing to output in LDCs C. the marginal products of labor is closed to zero in LDCs D. urban unemployment is high in LDCs...

During the 1980s and 1990s a period of economic conservative governments in much of West and Japan, a leading approach among development economists was ?

A. neoclassicism B. Marxism C. Rostow’s model D. classical appraoch...

The Vicious circle theory indicates that ?

A. a country is poor because it has lower productivity but high savings B. as countries grow richer they save less C. poverty perpetuates itself in mutually reinforcing circles on supply and demand sides D. market size is large in LDCs...

For Rosentein Rodan a major indivisibility is in ?

A. Supply B. infrastructure C. agriculture D. services...