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

Related Mcqs:

1. Hollis Chenery and Alan Strout identity three development stages in which growth proceeds at the highest rate permitted by the most limiting factors These factors are ?

   I- the skill limit
   II- the savings gap
   III- the fiscal gap
   IV- the foreign exchange gap

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

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. Real business cycle theories suggest that _____ to correct departures from the desired growth path?

   A. There is a role for fiscal policy
   B. There is a role for monetary policy
   C. There is a role for supply-side policy
   D. There is a role for stabilizing output ever the business cycle

4. 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 ?

   A. the vicious circle of poverty hypothesis
   B. the dependency theory
   C. neo-colonialism
   D. the under-consumptionist hypothesis

5. Poor developing countries typically impose __________ tariffs than rich advanced nations on imports?

   A. lower
   B. higher
   C. about the same height
   D. None of the above

6. Given recent information about growth trends and growth potential of ethnic populations within the U.S market which of the following ethnic groups would be a best bet to double during the next half century and become one of the U.S market’s most viable segments ?

   A. Hispanics and Asians
   B. African Americans
   C. Western Europeans
   D. Middle Eastern

7. 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

8. 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

9. 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

10. The belief that the rate of growth depends upon technological progress facilitated by institutions incentives and government is known as ________ growth theory?

    A. endogenous
    B. exogenous
    C. beta
    D. convergence