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11.

Who put forward the theory of social dualism?

A.	A.Lewis	B.	G.Myrdal
C.	J.H.Boeke	D.	A.O.Hirshman

12.

Who coined the phrase 'demonstration effect'?

A.	W.W.Rostow	B.	James Duessenberry
C.	R.Nurkse	D.	J.K.Galbraith

13.

To achieve full economic growth, Malthus laid special emphasis on the proper combination of:

A.	Production and distribution	B.	Natural resources and capital
C.	Labour and technology	D.	Production and trade

14.

What according to Malthus puts a stop to the growth process?

A.	Inadequacy of capital accumulation	B.	Deficiency in effective demand
C.	Rapid population growth	D.	Operation of diminishing returns in agriculture

15.

Identify the main factor which according to Malthus makes an economy move downwards in the long run to the subsistence level:

A.	Population pressure	B.	Overproduction
C.	Excess savings	D.	Exploitation of workers

16.

Which of the following measures, according to Malthus, would be helpful in raising and maintaining demand at a higher level?

A.	Maintaining unproductive consumption of luxury goods	B.	Expansion of internal and external trade
C.	Ensuring employment to the poor in public works	D.	All of the above

17.

Which of the following statements is not correct in the light of the Malthusian theory of growth?

A.	Growth of income cannot take place on its own	B.	Population tends to increase in response to rise in income
C.	There can be no general glut or overproduction in the market	D.	Excess savings on the part of capitalists is the cause of overproduction

18.

Which of the following statements is not in agreement with the Malthusian view on economic growth?

A.	The process of economic growth is automatic	B.	Deficiency in effective demand halts the growth process
C.	Lasting equilibrium can only be at the subsistence level	D.	Savings are desirable only upto the limit set by the existence of profitable opportunities for investment

19.

Which sector was emphasised most by Ricardo in the context of economic growth?

A.	Trade	B.	Industry
C.	Agriculture	D.	Services

20.

In the Ricardian scheme of things, savings are provided by:

A.	Labourers	B.	Capitalists
C.	Landlords	D.	Both (b) and (c)