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And the Market

Which of the following is not a public policy to promote the private sector ?

Which of the following is not a public policy to promote the private sector ?

A. Investigating development potential through scientific and market research and natural resources surveys
B. Providing adequate infrastructure for public and private agencies
C. Creating markets, including commodity markets, security exchanges, banks credit facilities and insurance companies
D. Increasing market monopolies and oligopolies to help producers

Which of the following is not a public policy to promote the private sector ? Read More »

And the Market, Development Planning and Policy-making The State, Economics Mcqs

Under Soviet-type economy-wide central planning ?

Under Soviet-type economy-wide central planning ?

A. most resource lack freedom to move to their highest value uses
B. resources are free to move to their lowest cost uses
C. resources owned by private entities moves to efficient use but not those owned publicly
D. resources are privately owned by capitalists

Under Soviet-type economy-wide central planning ? Read More »

And the Market, Development Planning and Policy-making The State, Economics Mcqs

Goals are achieved through ____ such a monetary fiscal, exchange rate tariff tax subsidy, business incentive foreign investment and foreign aid?

Goals are achieved through ____ such a monetary fiscal, exchange rate tariff tax subsidy, business incentive foreign investment and foreign aid?

A. indicative plan
B. central bank policies
C. central planning
D. instrument variables

Goals are achieved through ____ such a monetary fiscal, exchange rate tariff tax subsidy, business incentive foreign investment and foreign aid? Read More »

And the Market, Development Planning and Policy-making The State, Economics Mcqs

Annual GNP growth of 6% poverty reduced by 1% point of the population Balance of payments deficit not in excess of $200 million For a planner, the above are ?

Annual GNP growth of 6% poverty reduced by 1% point of the population Balance of payments deficit not in excess of $200 million For a planner, the above are ?

A. achieved only through socialism
B. target variables
C. bound by soft budget
D. recurrent expenditures

Annual GNP growth of 6% poverty reduced by 1% point of the population Balance of payments deficit not in excess of $200 million For a planner, the above are ? Read More »

And the Market, Development Planning and Policy-making The State, Economics Mcqs

According to Oskar Lange’s model socialist enterprises should produce where ?

According to Oskar Lange’s model socialist enterprises should produce where ?

A. The monopoly profit maximization rule applies
B. Product price equals marginal cost
C. marginal revenue equals average cost
D. total revenue equals total cost

According to Oskar Lange’s model socialist enterprises should produce where ? Read More »

And the Market, Development Planning and Policy-making The State, Economics Mcqs

Government’s use of coordinated policies to achieve national economic objectives is ?

Government’s use of coordinated policies to achieve national economic objectives is ?

A. commanding heights
B. entrepreneurial programs
C. public physical policy
D. development planning

Government’s use of coordinated policies to achieve national economic objectives is ? Read More »

And the Market, Development Planning and Policy-making The State, Economics Mcqs

Deepak Lal argues that development economics is dominated by _______ approach that favors government intervention into LDC prices?

Deepak Lal argues that development economics is dominated by _______ approach that favors government intervention into LDC prices?

A. dirigiste
B. Keynesian
C. Commanding heights
D. soft budget

Deepak Lal argues that development economics is dominated by _______ approach that favors government intervention into LDC prices? Read More »

And the Market, Development Planning and Policy-making The State, Economics Mcqs