Description : According to W.W. Rostow, the stages of economic growth are : (a) 5 (b) 4 (c) 3 (d) 2
Last Answer : (a) 5
Description : "he national income consists of a collection of goods and services reduced to common basis by being measured in terms of money,"— Who says this? (1) Samuelson (2) Kuznets (3) Hicks (4) Pigou
Last Answer : (3) Hicks Explanation: British economist John Hicks said that National income is a collection of goods and services reduced to a common basis by being measured in terms of money. Hicks ... macroeconomics. His book Value and Capital (1939) significantly extended general-equilibrium and value theory.
Description : “The national income consists of a collection of goods and services reduced to common basis by being measured in terms of money.”–– Who says this ? (1) Samuelson (2) Kuznets (3) Hicks (4) Pigou
Last Answer : Hicks
Description : Unbalanced Theory of Growth was propounded by (a) Singer (b) Hirschman (c) W.W. Rostow (d) Kindleberger
Last Answer : (b) Hirschman
Description : Revealed preference theory of demand is given by (a) Paul M. Sweegy (b) Marshall (c) Paul Samuelson (d) Hicks
Last Answer : (a) Paul M. Sweegy
Description : Who propounded the Innovation theory of profits? (1) J.A. Schumpeter (2) P.A. Samuelson (3) Alfred Marshall (4) David Ricardo.
Last Answer : (1) J.A. Schumpeter Explanation: Schumpeter's (1934) original theory of innovative profits emphasized the role of entrepreneurship (his term was entrepreneurial profits) and the ... innovation, in which independent inventors typically fed discoveries as potential inputs to entrepreneurial firms.
Description : Who propounded the Innovation theory of profits ? (1) J.A. Schumpeter (2) P.A. Samuelson (3) Alfred Marshall (4) David Ricardo
Last Answer : J.A. Schumpeter
Description : The innovation theory of profit was proposed by - (1) Marshall (2) Clark (3) Schumpeter (4) Joan Robbinson
Last Answer : (3) Schumpeter Explanation: The Innovation Theory of Profit was proposed by Joseph. A. Schumpeter, who believed that an entrepreneur can earn economic profits by introducing successful innovations. In ... to introduce innovations and the profit in the form of reward is given for his performance.
Description : Who developed the innovations theory of profit? (1) Walker (2) Clark (3) Knight (4) Schumpeter
Last Answer : (4) Schumpeter Explanation: Joseph Alois Schumpeter (1883- 1950) was Austrian-born American economist and social scientist. He did important early analyses of business cycles and economic growth. He ... (1942), he argued that capitalism would naturally evolve into socialism through its very success.
Description : The theory of monopolistic competition has been formulated in the United States of America by - (1) Joan Robinson (2) Edward Chamberlin (3) John Bates Clark (4) Joseph Schumpeter
Last Answer : (2) Edward Chamberlin Explanation: In treatments of monopolistic competition, Edward Chamberlin and Joan Robinson are usually credited with simultaneously and independently developing the theory of monopolistic ... can be regarded as the parents of the modern study of imperfect competition.
Description : Who propounded Dynamic Theory of profit? (1) Clark (2) Schumpeter (3) Knight (4) Hawly
Last Answer : (1) Clark Explanation: Dynamic Theory of Profit is associated with the name of an American Economist J. B. Clark. In the world of reality, according to J. B. Clark profit arises only in a dynamic economy.
Description : The innovation theory of profit was proposed by (1) Marshall (2) Clark (3) Schumpeter (4) Joan Robbinson
Last Answer : Schumpeter
Description : Who developed the innovations theory of profit ? (1) Walker (2) Clark (3) Knight (4) Schumpeter
Description : Who propounded Dynamic Theory of profit ? (1) Clark (2) Schumpeter (3) Knight (4) Hawly
Last Answer : Clark
Description : The theory of monopolistic competition has been formulated in the United States of America by (1) Joan Robinson (2) Edward Chamberlin (3) John Bates Clark (4) Joseph Schumpeter
Last Answer : Edward Chamberlin
Description : The book which is at the centrepiece of the study of Macro - Economics was written by - (1) Prof. Samuelson (2) Prof. J.M. Keynes (3) Prof. Benham (4) Prof. Baumol
Last Answer : (2) Prof. J.M. Keynes Explanation: J.M. Keynes's magnum opus, The General Theory of Employment, Interest and Money' is often viewed as the foundation of modern macroeconomics. Macroeconomics ... , structure, behavior, and decision-making of an economy as a whole, rather than individual markets.
Description : Das Kapital, published in German in 1867, was authored by: a) Karl Marx b) John Maynard Keynes c) F. Hayek d) Samuelson
Last Answer : a) Karl Marx b) John Maynard Keynes c) F. Hayek d) Samuelson
Description : Macroeconomics as a separate branch came to be studied after thecontributions of which economist? a) Adam Smith b) John Maynard Keynes c) F. Hayek d) Samuelson
Last Answer : b) John Maynard Keynes John Maynard Keynes's 1936 book, 'The General Theory of Employment, Interest, and Money' laid the foundations for Macroeconomics
Description : Who is called as the 'founding father of modern economics'? a) Adam Smith b) John Maynard Keynes c) F. Hayek d) Samuelson
Last Answer : a) Adam Smith Adam Smith's “1776 book "An Inquiry into the Nature and Causes of the Wealth of Nations"― many of the major ideas that we use in economics today
Description : Who is credited with brining the term "the invisible hand"• in economics? a) Adam Smith b) John Maynard Keynes c) F. Hayek d) Samuelson
Last Answer : a) Adam Smith
Description : The book which is at the centrepiece of the study of Macro - Economics was written by (1) Prof. Samuelson (2) Prof. J.M. Keynes (3) Prof. Benham (4) Prof. Baumol
Last Answer : Prof. J.M. Keynes
Description : Who developed the Game Theory a. J.R. Hicks b. William J. Baumol c. Neumann Morgenstern d. Samuelson P.T.
Last Answer : c. Neumann Morgenstern
Description : Hawkins Simon condition explains the----- condition in Input output model (a) Instability (b) Stability © Uniqueness (d) None of the above
Last Answer : (b) Stability
Description : Malthusian theory is associated with which of the following? (1) Poverty (2) Employment (3) Diseases (4) Population
Last Answer : (4) Population Explanation: The most well-known theory of population is the Malthusian theory. lt explains the relationship between the growth in food supply and in population. It states that ... on the Principle of Population as it affects the Future Improvement of Society, published in 1798.
Description : Which of the following concepts are most closely associated with J.M. Keynes? (1) Control of money supply (2) Marginal utility theory (3) Indifference curve analysis (4) Marginal efficiency of captial
Last Answer : (4) Marginal efficiency of captial Explanation: The marginal efficiency of capital (MEC) is that rate of discount which would equate the price of a fixed capital asset with its present discounted ... given by the returns expected from the capital asset during its life Just equal its supply price
Description : Malthusian theory is associated with which of the following ? (1) Poverty (2) Employment (3) Diseases (4) Population
Last Answer : Population
Description : Which of the following concepts are most closely associated with J.M. Keynes ? (1) Control of money supply (2) Marginal utility theory (3) Indifference curve analysis (4) Marginal efficiency of captial
Last Answer : Marginal efficiency of captial
Description : Malthusian theory of population explored the relationship between - (1) food supply and technology (2) food supply and population growth (3) population growth and development (4) optimum growth and resources
Last Answer : (2) food supply and population growth Explanation: According to Malthusian theory of population, population increases in a geometrical ratio, whereas food supply increases in an arithmetic ratio. This ... by natural occurrences such as disease, high infant mortality, famine, war or moral restraint.
Description : Value maximization theory fails to address the problem of A.self-serving management. B.risk C.uncertainty D.sluggish growth.
Last Answer : A.self-serving management.
Description : Malthusian theory of population explored the relationship between (1) food supply and techno-logy (2) food supply and popula-tion growth (3) population growth and development (4) optimum growth and resources
Last Answer : food supply and popula-tion growth
Description : The hypothesis that rapid growth of per capita income will be associated with a reduction in poverty is called - (1) trickle down Hypothesis (2) trickle up hypothesis (3) U shaped hypothesis (4) poverty estimation hypothesis
Last Answer : (1) trickle down Hypothesis Explanation: According to the trickle down hypothesis the rapid growth of per capita income will be associated with a reduction in poverty. In India, this ... institution reform will reduce the incidence of poverty in the context of agricultural development in India.
Description : The hypothesis that rapid growth of per capita income will be associated with a reduction in poverty is called (1) trickle down Hypothesis (2) trickle up hypothesis (3) U shaped hypothesis (4) poverty estimation hypothesis
Last Answer : trickle down Hypothesis
Description : Now that we know, even today, someone with enough money can premeditatedly murder thousands and be fine, how much money would someone need to openly murder 1 person and strut away like Colin McGregor?
Last Answer : Ask OJ and divide by 2
Description : Why does CNN call Colin Powell an African American?
Last Answer : When slaves were brought to America, some ended up in Jamaica.
Description : Should the Federal Government force an NFL team to give a contract to Colin Kaepernick?
Last Answer : I think you're misrepresenting the debate. The league keeps saying that he's not blacklisted and that his lack of a job has little or nothing to do with his politics. But if it's just his abilities, ... to call it out as such. They also have the right to vote with their feet and their wallets.
Description : Can you help me find which famous Colin I was named after? (details inside)
Last Answer : answer:This is a toughie. To answer this question, we'd have to narrow down: - what TV stations were broadcasting in 1973 - what their schedules were for those nights - the cast and crew for each ... any of the actors at all? Was it a Canadian production? Those would be good clues to start with.
Description : Is colin farrell half Irish, half Italian?
Last Answer : I’m not sure, but I know that Zachary Quinto is.
Description : What is the best book by Colin Thubron?
Last Answer : I haven’t read his work, but I have picked up Shadow of the Silk Road a few times, and it seems to have won a lot of critical acclaim. I enjoyed Travels with a Tangerine by Tim MacIntosh-Smith.
Description : Why does Colin McRae DiRT stop working?
Last Answer : Get it for Xbox 360, it works fine on that :D
Description : Did Colin Powell agree with the Bush-think about Iraq?
Last Answer : I felt the same way. But that still doesn't excuse him from his actions. He lost my respect on February 5, 2003 and nothing he can ever do will help fix that. In any conflict, your ... just following orders. George Bush speaking directly to the Iraqi people during a national address, 2003-03-17
Description : Three cars had driven into a parking lot at the same time, and the three drivers left them all for the attendant to park. Unfortunately, he isn't too good at remembering exactly which driver drove which ... is Mr. Brown if and only if Alan drove the Cortina. Who arrived with which car? -Riddles
Last Answer : Brian Brown drove the BMW, Alan Andrew drove the Avenger, and Colin Cooper drove the Cortina.
Description : Who is Colin Kaepernick?
Last Answer : Colin Rand Kaepernick is an American football quarterback for San francisco 49ers.
Description : What is Colin Farrell's favorite color?
Last Answer : Collin Farrell is a well known actor from Ireland. He enjoys working out and spending time with his family, but his favorite color is not mentioned.
Description : What is Colin Firth's birthday?
Last Answer : Colin Firth was born on September 10, 1960.
Description : Does Colin Firth speak Italian?
Last Answer : That his wife is Italian and that he spends time in Italy are reasons why Colin Firth speaks Italian.Specifically, the English actor (born 1960) is married to Italian film director/producer Liva Giuggioli (born ... 2003), both of whom speak Italian. They live in London, England and in Rome, Italy.
Description : What team does Colin Kaepernick play for?
Last Answer : Colin Kaepernick plays for the San Francisco 49ers.
Description : What race is Colin Kaepernick?
Last Answer : He is part Mexican although he was adopted by Teresa and Nick Kaepernick which are white.
Description : What is Colin Kaepernick's middle name?
Last Answer : colin fredtaylor kaepernick
Description : Colin got 16 out of 80 correct in his test. What fraction of the marks did he get correct Give your answer in its simplest form.?
Last Answer : 44652
Description : ……………. States that rapid growth of per capita income will be associated with a reduction in poverty. (a) The trickle down theory ; (b) Multiplier theory ; (c) Malthus population theory ; (d) None
Last Answer : (a) The trickle down theory ;