The idea that suggests that poverty is self-perpetuating because poor nations are unable to save and invest enough to accumulate the capital stock that would help them grow is ?

Related Mcqs:

1. A monopoly may be self-perpetuating because profits may be used for ?

   A. research
   B. cost-saving
   C. technical advance
   D. all of the above

2. To help developing nations strengthen their international competitiveness many industrial nations have granted non-reciprocal tariff reductions to developing nations under the ?

   A. international commodity agreements program
   B. multilateral contract program
   C. generalized system of preferences program
   D. export-led growth program

3. A group of economists argue that the real problem with the economy is high rates of taxation and heavy regulation that reduce the incentives to work, save and invest. These economists are?

   A. Supply-side economics
   B. neo-Keynesian economists
   C. rational-expectations economists.
   D. new classical economists.

4. A group of economists argue that the real problem with the economy is high rates of taxation and heavy regulation that reduce the incentives to work save and invest these economists are ?

   A. supply side economists
   B. neo-Keynesian economists
   C. rational -expectations economists
   D. New classical economists

5. The Human Development Report 2003, which assumes that poverty is multidimensional calculates a human poverty index based on which of the following measures of deprivation ?

   I- probability at birth of not surviving to age 40
   II- adult illiteracy rate
   III- negative economic growth
   IV- lack of a decent standard of living

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

6. The idea of convergence of GDP in Europe suggests that ?

   A. All countries will eventually join the EEC
   B. Poorer countries have higher capital/labour ratios than richer countries.
   C. The gap between countries GDP per head will widen
   D. Poorer less developed countries will catch up with richer ones.

7. How is known the process in which an investment company continually offers new shares and buys existing shares back on demand and uses its capital to invest in diversified securities of other companies ?

   A. combine fund
   B. Mutual fund
   C. Liquid fund
   D. Stock holding company

8. Which of the following factors has been suggest as an explanation for the lack of economic growth in many poor nations ?

   A. The constraints imposed by dependency on the already-developed nations
   B. A steady rate of capital formation
   C. An adequate level of social overhead capital
   D. The supply of human resources is too high

9. The idea that the money supply should change to accommodate changes in aggregate demand is associated with the idea of ?

   A. Margaret Thatcher
   B. Ronald Reagan
   C. Milton Friedman
   D. John Maynard Keynes

10. Which scholar argues the following Plantations have no significant advantage over peasants [for] crops for which centralized processing and marketing are not necessary Cocoa and coconuts are typical examples of a lack of large scale economies Peasants can grow and process these crops in small lots with no large capital requirement beyond small indigenous tools and facilities ?

    A. Yujiro Hayami
    B. Raanan Weitz
    C. Hans Singer
    D. Tim Dyson