AP (Advanced Placement) Macroeconomics: Questions 317 - 320 of 750

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Question 317

Appeared in Year: 2017 (NET)

Question

MCQ▾

According to Fisher - Clark thesis which one of the following is the correct sequence of structural shift in the process of development? (November Paper-III)

Choices

Choice (5)Response

a.

Agriculture, Foreign trade, Services

b.

Agriculture, Industry, Services

c.

Agriculture, Industry, Foreign trade

d.

Agriculture, Services, Industry

e.

All of the above

Question 318

Appeared in Year: 2017 (NET)

Question

MCQ▾

Researchers indicate that income velocity of money is falling overtime due to

(January Paper-3)

Choices

Choice (5)Response

a.

Income elasticity of demand for money is greater than unity.

b.

Income elasticity of demand for money is equal to unity.

c.

Income elasticity of demand for money is less than unity.

d.

All of the above

e.

None of the above

Question 319

Appeared in Year: 2017 (NET)

Question

MCQ▾

Which aspect of economic development did Gunnar Myrdal concentrates upon.

(January Paper-3)

Choices

Choice (5)Response

a.

Population exploitation

b.

Regional inequalities

c.

Human resource scarcity

d.

Capital scarcity

e.

None of the above

Question 320

Appeared in Year: 2017 (NET)

Question

MCQ▾

In the Harrod-Domar equation , where v is defined as: (January Paper-2)

Choices

Choice (5)Response

a.

The change in country՚s capital stock

b.

The value of country՚s capital stock

c.

Incremental capital output ratio

d.

Question does not provide sufficient data or is vague

e.

All of the above

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