A. Yugoslavia
B. Chile
C. Vietnam
D. Japan
Related Mcqs:
- If the total product of two workers is 80 and the total product of 3 workers is 90 then the average product of the third worker is ________ and the marginal product of the third worker is _________?
A. 160; 270
B. 10; 30
C. 10; 3.33
D. 30; 10 - The growth rates of economies tend to converge because ________ is easier when capital per worker is low and because of?
A. capital-widening technical innovation
B. capital-widening Catch-up in technology
C. capital-deepening technical innovation
D. capital-deepening, catch-up in technology - A very rapid growth in prices in which money loses its value to the point where even barter may be preferable is known as ?
A. Inflation
B. Hyper-inflation
C. Deflation
D. Disinflation - A period of rapid population growth between a preindustrial stable population characterized by high birth and death rates and a later modern, stable population marked by low fertility and mortality is known as ?
A. demographic transition
B. population maturity
C. demobilizing population
D. birth-death transformation - Which of the following is not a possible cost of high fertility rates and rapid population growth ?
A. increasing returns to natural resources with a direct impact on average food consumption
B. increased urbanization and congestion
C. a higher labor force growth rate and higher unemployment
D. a working population that must support a large number of dependents - Historically countries at early stages of rapid economic development have tender to experience ?
A. trade deficit and an excess of investment over domestic saving
B. trade surplus and an excess of investment over domestic saving
C. trade deficits and an excess of domestic savings over investment
D. trade surpluses and an excess of domestic saving over investment - 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 - Name the organization that is managed by those who use its facilities ?
A. Limited Company
B. Society
C. Corporation
D. Cooperative - It is difficult for an actively managed investment fund to outperform an index fund because ?
A. stock markets tend to be inefficient
B. all of these answers
C. index funds are able to buy undervalued stocks
D. actively managed funds trade more often and charge fees for their alleged expertise - Under managed floating exchange rates if the rate of inflation in the United States is less than the rate of inflation of its trading partners the dollar will likely ?
A. appreciates against foreign currencies
B. depreciates against foreign currencies
C. be officially revalued by the government
D. be officially devalued by the government
