Government’s use of coordinated policies to achieve national economic objectives is ?

Related Mcqs:

Deepak Lal argues that development economics is dominated by _______ approach that favors government intervention into LDC prices?

A. dirigiste B. Keynesian C. Commanding heights D. soft budget...

According to Oskar Lange’s model socialist enterprises should produce where ?

A. The monopoly profit maximization rule applies B. Product price equals marginal cost C. marginal revenue equals average cost D. total revenue equals total cost...

A medium-term plan can be a(n) ________ revised at the end of each year?

A. instrument variable B. seasonal expenditure C. rolling plan D. perspective plan...

Branko Horvat’s historical review of the last two and one-half century indicates that in large part market or decentralized socialism ?

A. has failed B. works well in Utopia C. is widely used in sub Saharan Africa D. is the only way to eradicate poverty?...

Which of the following assumptions underlying input-output analysis raises about its validity ?

I- The technical coefficients are fixed which means so substitution between inputs occurs II- There are no externalities so that the total effect of carrying out several activities is the sum of the separate effects III- Each good is produced by only one industry and each industry produces only one commodity IV- There is no … Which of the following assumptions underlying input-output analysis raises about its validity ?Read More...