A. sun spot theory
B. multiplier accelerator model
C. Solow theory
D. New classical theory
A. capital-widening technical innovation
B. capital-widening Catch-up in technology
C. capital-deepening technical innovation
D. capital-deepening, catch-up in technology
A. Population size, x-efficiency
B. Population age distribution, education
C. Population growth technical progress
D. Population growth education
Economic growth may depend upon _____ and _____? Read More »
Economics Mcqs, Long Term Economic Growth A. a higher growth rates
B. a fluctuating growth rate
C. a fluctuating growth rates
D. no change in the growth rate
In the neoclassical theory of growth a higher saving rate leads to ? Read More »
Economics Mcqs, Long Term Economic Growth A. increasing the use of labor increasing the use of land
B. increasing the use of capital increasing the use of labour
C. increasing the use of land increasing the use of capital
D. increasing the use of all inputs, technical advances
Potential output can be increased by ____ or by ______? Read More »
Economics Mcqs, Long Term Economic Growth A. Increasing government expenditure
B. reducing taxation
C. increasing the money supply
D. encouraging technological progress
Supply side policies are considered effective in ? Read More »
Economics Mcqs, Long Term Economic Growth A. Public investment in education
B. Innovation and the application of new technology
C. The phase of the lunar cycle
D. Private investment in new physical caital
Identify below what does NOT affect productivity ? Read More »
Economics Mcqs, Long Term Economic Growth A. building more retail outlets
B. encouraging risk-taking
C. encouraging innovation
D. encouraging R & D
Policies to encourage productivity do not include ? Read More »
Economics Mcqs, Long Term Economic Growth A. workers
B. non-slackers
C. diligent rate
D. participation rate
A. gets the highest rate of interest
B. maximizes the level of long-run investment
C. maximizes the level of long-run consumption
D. maximizes human capital
The golden-rule saving rate is the rate of saving that ? Read More »
Economics Mcqs, Long Term Economic Growth