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Economics Mcqs

Why has modern economic growth mainly been in western countries ?

Economic Development in Historical Perspective, Economics Mcqs /
Why has modern economic growth mainly been in western countries ?

A. a strong Catholic church intervention in the economic decisions
B. an emphasis on trade restrictions
C. the use of the medieval economy
D. the rise of capitalism

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Economic Development in Historical Perspective, Economics Mcqs

The 1993 World Bank study entitled The East Asian Miracle identifies eight high performing Asian economies. Which of the following is not one of them ?

Economic Development in Historical Perspective, Economics Mcqs /
The 1993 World Bank study entitled The East Asian Miracle identifies eight high performing Asian economies. Which of the following is not one of them ?

A. Japan
B. The four tigers
C. Vietnam
D. Thailand

The 1993 World Bank study entitled The East Asian Miracle identifies eight high performing Asian economies. Which of the following is not one of them ? Read More »

Economic Development in Historical Perspective, Economics Mcqs

Based on Mankiw Romer and Weil (1992) with conditional convergence holding fertility rates, education and government spending as a share of GDP constant ?

Economic Development in Historical Perspective, Economics Mcqs /
Based on Mankiw Romer and Weil (1992) with conditional convergence holding fertility rates, education and government spending as a of GDP constant ?

A. income per capita is the same regardless of poor or rich countries
B. income per capita in poor countries grows faster than in rich countries
C. income per capita in rich countries grows faster than in poor countries
D. income per capita in poor countries grows conditional upon foreign aid

Based on Mankiw Romer and Weil (1992) with conditional convergence holding fertility rates, education and government spending as a share of GDP constant ? Read More »

Economic Development in Historical Perspective, Economics Mcqs

Why has the growth of the German and Japanese economies after World War|| not been repeated in LDCs ?

Economic Development in Historical Perspective, Economics Mcqs /
Why has the growth of the German and Japanese economies after World War|| not been repeated in LDCs ?

A. low interest rates
B. political instability inhibits world-wide investment
C. human capital or technical skills were lacking
D. real domestic currency depreciation exists

Why has the growth of the German and Japanese economies after World War|| not been repeated in LDCs ? Read More »

Economic Development in Historical Perspective, Economics Mcqs

On what did the Russian Soviet development model of growth not depend ?

Economic Development in Historical Perspective, Economics Mcqs /
On what did the Russian Soviet development model of growth not depend ?

A. diverting savings from agriculture to industry
B. state assisted entrepreneurs
C. state monopolized trading
D. markets for allocating resources

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Economic Development in Historical Perspective, Economics Mcqs