A. population self-sufficiency and constant economic growth
B. low fertility and mortality
C. a laissez-faire population policy
D. a constant returns to scale production function
Related Mcqs:
- Julian simon ?
A. supported the Club of Rome’s Limits to Growth for estimating technical change
B. assumed that population growth causes technological progress
C. used the second law of thermodynamics to assume that technological progress is costless
D. assumed the classical view of technological change 6 - Simon S.Kuznets argues that the major stock of an economically advanced country is not its physical capital but ?
A. natural resources
B. body of knowledge
C. land
D. quantity of labor - 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 - 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. - 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 - Which of the following is consistent with the law of supply ?
A. As the price of calculators rise, the quantity supplied of calculators decreases, ceteris paribus.
B. As the price of calculators calls the supply of calculators increases, ceteris paribus.
C. As the price of calculators rise, the quantity supplied of calculators increases, ceteris paribus.
D. As the price of calculators rise, the supply of calculators increases ceteris paribus. - _______ is the concept under which a company carefully integrates and coordinates its may communications channels to deliver a clear consistent and compelling message about the organization and its products?
A. The promotion mix
B. Integrated international affairs
C. Integrated marketing communications
D. Integrated demand characteristics - In a example discussed in your text Johnson & Johnson’s recall of their Tylenol product following the discovery that several bottles of Tyloenol had been laced with cyanide is consistent with which business philosophy ?
A. The marketing concept
B. The product concept
C. The selling concept
D. The societal marketing concept - The classical view of the labor market is basically consistent with the assumption of _________ aggregate supply curve?
A. a vertical (or almost vertical)
B. a downward sloping
C. a horizontal (or almost horizontal)
D. an upward sloping - On what did the Russian Soviet development model of growth not depend ?
A. diverting savings from agriculture to industry
B. state assisted entrepreneurs
C. state monopolized trading
D. markets for allocating resources
