A. Growth
B. Economic growth
C. Development
D. All
Related Mcqs:
- ______________assumes economic rationality and purely materialistic, individualistic, self interested orientation towards economic decision making?
A. Traditional economy
B. Political economy
C. Capitalistic economy
D. Open economy - A closed economy that attempts to be completely self-reliant ?
A. Amortization
B. Command economy
C. Autarchy
D. None - “All LDC’s require to take off into a period of self-sustaining economic growth is a massive investment program designed to promote rapid industrialization and the building up of economic infrastructure.” ?
A. Economic development theory
B. Big Push theory of development
C. Rostow’s development plan
D. Harod Domes model - Power of a good/ service to satisfy human desire/want is called____________________?
A. Utility
B. Worth
C. The point of satiety
D. All of these - Productive investments embodied in human persons?
A. Fixed capital
B. Human capital
C. Both A and B
D. non of these - Index measuring deprivation in basic human development in a country ?
A. Human deprivation index
B. Human poverty index
C. Human development index
D. None - The process of deriving principles is called___________________?
A. theoretical economics
B. Economics analysis
C. Both A. and B.
D. None of these - A process of production that uses a higher proportion of capital as compared to other factors of production ?
A. Capital intensive technique
B. Labour intensive technique
C. Both a and b
D. None of these - The study process by which a productive capacity of the economy is increased over time to bring about raising levels of national output and income?
A. Development
B. Economic growth
C. Economic integration
D. All - A tax imposed by a nation on an imported good is called_________________?
A. Tariff
B. Foreign exchange
C. Net profit
D. GNP
