On what did the Russian Soviet development model of growth not depend ?

Related Mcqs:

1. Two countries that still rely on the Soviet communist model of development are ?

   A. Ghana and Nigeria
   B. Poland and Germany
   C. Cuba and North Korea
   D. China and Hong Kong

2. The Harrod Domar growth model suggests that growth is ?

   A. directly related to savings and inversely related to the capital/output ratio
   B. directly related to the capital/output ratio and inversely related to savings
   C. indirectly related to savings and the capital/output ratio
   D. directly related to savings and the capital/output ratio

3. Micheal Roemer’s three-sector model shows that growth in the booming export sector I- reduces the price of foreign exchange II- retards other sectors’ growth by reducing incentives to export other commodities III- reduces incentives to replace domestic goods for imports IV- raises factor and input prices for non-booming sectors ?

   A. I and III only
   B. II and III only
   C. I, II and III only
   D. I, II , III only IV

4. Economic growth may depend upon _____ and _____?

   A. Population size, x-efficiency
   B. Population age distribution, education
   C. Population growth technical progress
   D. Population growth education

5. The pattern of economic growth describes the phenomenon of countries moving up in technological development by following the patterns of countries ahead of them in the development process ?

   A. flying geese
   B. import substitution
   C. export orientation
   D. commodity expansion

6. The Heckscher-Ohl in model rules out the classical model’s basis for trade by assuming that _________ is (are) identical between countries?

   A. factor endowments
   B. factor intensities
   C. technology
   D. opportunity costs

7. The hypothesis that people know the true model of the economy and that they use this model to form their expectations of the future is the ?

   A. Rational-expectations hypothesis
   B. Passive-expectations hypothesis
   C. adaptive expectations hypothesis
   D. lagged-expectations hypothesis.

8. The Keynesian model is a good guide to ____ behavior and the classical model describes behavior in ______?

   A. long run, short run
   B. flexible imperfect markets
   C. short-term long run
   D. long run, imperfect markets

9. The Lawis model explains how growth gets started in a less developed economy ?

   A. with an average product of labor in agriculture that is negative
   B. with a downward-sloping supply curve of labor
   C. with a marginal productivity of labor zero or negligible in industry
   D. with a traditional agricultural sector and an industrial capitalist sector

10. Economics in India Pakistan the Philippines and Mexico argue the foodgrain growth would not have kept up with population growth in the last four decades without ?

    I- improved packages of high-yielding seed varieties
    II- fertilizers, pesticides and irrigation
    III- improved transportation
    IV better extension service

    A. I and III only
    B. II and III only
    C. I, II and III only
    D. I, II, III and IV