A. subsidizing the poor
B. imposition of temporary duties on imports to develop particular industries
C. regulation of activities of the rising business class
D. appropriating a part of the national product by the government for unproductive uses
CORRECT ANSWER IS: imposition of temporary duties on imports to develop particular industries
A. 1940
B. 1939
C. 1946
D. 1948
CORRECT ANSWER IS: 1939
A. generate employment opportunities on a large scale
B. provide a strong base for rapid industrialization
C. contain inflationary pressure
D. meet deficits in balance of payments in the short-run
CORRECT ANSWER IS: provide a strong base for rapid industrialization
A. indivisibilities of demand
B. complimentary of demand
C. skill formulation
D. all of them
CORRECT ANSWER IS: all of them
A. labor supply would increase with rise in wages
B. stationary state
C. government interference
D. capital accumulation is the basic cause of growth
CORRECT ANSWER IS: government interference
A. production and distribution
B. natural resources and capital
C. labor and technology
D. production and trade
CORRECT ANSWER IS: production and distribution
A. lack of savings
B. size of the market
C. lack of investment opportunities
D. low productivity of labor
CORRECT ANSWER IS: size of the market
A. growth of working population
B. capital accumulation
C. devaluation
D. technical progress
CORRECT ANSWER IS: devaluation
A. increases
B. decreases
C. remains unaffected
D. changes in an uncertain manner
CORRECT ANSWER IS: decreases
A. Paul N-Rosenstein-Rodan
B. Simon Kuznets
C. W.A. Lewis
D. A.O. Hirshman
CORRECT ANSWER IS: Paul N-Rosenstein-Rodan