CSS :: Economic Growth and Development
71.
Identify the model which is concerned with the 'golden age' equilibrium:
A.
Kaldor model
B.
Joan Robinson model
C.
Keynesian model
D.
Domar model
Answer: Option B
Explanation:
72.
Some models focus their attention on the maximum rate of growth at which the economy can grow. Which of the following models is of this type?
A.
Keynesian model
B.
Hicks model
C.
Von-Neumann model
D.
Solow model
Answer: Option C
Explanation:
73.
Identify the model, which analyses the contribution of technological progress to the overall growth rate:
A.
Solow model
B.
Kaldor model
C.
Harrod model
D.
Tobin model
Answer: Option A
Explanation:
74.
Which of the following; is a two-sector model?
A.
Solow model
B.
Harrod-Domar model
C.
Joan Robinson mode
D.
Keynesian model
Answer: Option A
Explanation:
75.
There is a model of inter-industrial relations where technological relations between industries are assumed to remain constant. Which one is it?
A.
Mahalanobis model
B.
Feldman model
C.
Leontief model
D.
Lewis model
Answer: Option C
Explanation:
76.
India's First Five Year Plan was based on:
A.
Mahalanobis model
B.
Feldman model
C.
Harrod-Domar model
D.
Leontief model
Answer: Option C
Explanation:
77.
Which of the following models uses three distinct concepts of stages of growth?
A.
Ramsey model
B.
Harrod model
C.
Domar model
D.
Lewis model
Answer: Option B
Explanation:
78.
Marx refers to the concept of organic composition of capital. Which of the following ratios stands for this capital? Constant capital = C; Variable capital = V; Surplus value = S
Answer: Option B
Explanation:
79.
Marx had given a concept of unemployment in the context of the capitalist system which keeps wages down or prevents wages from rising even as demand for labour increases. What is that concept called?
A.
Surplus labour
B.
Reserve army of labour
C.
Under employment
D.
Disguised unemployment
Answer: Option B
Explanation:
80.
Marx attributed the capitalist crisis to:
A.
High rate of wages
B.
Falling rate of profit
C.
Inflationary pressures
D.
Exploitation of labour
Answer: Option B
Explanation:
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