MCQs: The Lawis model explains how growth gets started in a less developed economy ?
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MCQs: A major dependency theorist Andre Gunder Frank Suggests that the following economic activities have contributed to underdevelopment:
I- Workers migrating from villages to foreign-dominated urban complexes
II- Forming an unskilled labor force to work in factories and mines and on plantations
III- Replacing indigenous enterprises with technologically more advanced global subsidiary companies
IV- Closing the economy to trade with and investment from, developed countries
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MCQs: The synchronized application of capital to a wide range of different industries is called __________ by its advocates?
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MCQs: Rostow’s economics stages are ?
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MCQs: Karl Marx’s historical materialism views were shaped by all of the following EXCEPT ?
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MCQs: Which of the following was not a classical economist ?
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MCQs: During the 1980s and 1990s a period of economic conservative governments in much of West and Japan, a leading approach among development economists was ?
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MCQs: Surplus labor theories assume that ?
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MCQs: The Vicious circle theory states that ?
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MCQs: According to the supply side of the vicious circle theory of development a country is poor because ?
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MCQs: One criticism of Rostow’s theory of economic growth is that ?
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MCQs: The regarding the new classical macroeconomics is hoe realistic is the assumption ?
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MCQs: It is difficult to determine if the velocity of money is constant over time because ?
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MCQs: The quantity theory of money implies that a given percentage change in the money supply will cause ?
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MCQs: People are said to have rational expectations if they ?
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MCQs: 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 ?
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MCQs: The nation that the government can establish the macroeconomic is known as ?
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MCQs: According of Keynes, the level of employment is determined by ?
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MCQs: According to classical models, the level of employment is determined primarily by ?
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MCQs: The economists who emphasised wage flexibility as a solution for unemployment were ?
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