Which of the following denotes an underdeveloped economy? a. High level of inequalities b. Low level of capital productivity c. A relatively closed economyd. All the above

Which of the following denotes an underdeveloped economy?
a. High level of inequalities
b. Low level of capital productivity
c. A relatively closed economy
d. All the above
by

1 Answer

Answer :

d. All the above
by

Related questions

Which of the following denotes an underdeveloped economy? A. High level of inequalities B. Low level of capital productivity C. A relatively closed economy D. All the above

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Last Answer : D. All the above

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Capital formation in underdeveloped countries is a major bottleneck. The reason can be a. Small size of market with no incentive for investment b. Low level of income c. Demonstration effect d. All the above

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An underdeveloped economy is characterized by A. High per capita real income B. Large proportion of labor force in the tertiary sector C. State of deprivation of large proportion of population D. All the above

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Last Answer : Feel Free to Answer

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Which of the following occurs when labour productivity rises? (1) The equilibrium nominal wage falls. (2) The equilibrium quantity of labour falls. (3) Competitive firms will be induced to use more capital (4) The labour demand curve shifts to the right

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Which of the following occurs when labour productivity rises ? (1) The equilibrium nominal wage falls. (2) The equilibrium quantity of labour falls. (3) Competitive firms will be induced to use more capital (4) The labour demand curve shifts to the right

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In a highly developed country the relative contribution of agriculture to GDP is (1) relatively high (2) relatively low (3) the same as that of other sectors (4) zero

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Savings rate is relatively low in developed economies because of (1) Low per capita income (2) Welfare programmes (3) Liquidity/Borrowing constraint (4) High interest rate

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In a highly developed country the relative contribution of agriculture to GDP is (1) relatively high (2) relatively low (3) the same as that of other sectors (4) zero

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Last Answer : relatively low

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Which one of the following is the most appropriate reason for Inequalities in Income ? (1) Racial factors (2) Lack of opportunities (3) Inheritance from family Environment (4) Differences in Ability

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Which of the following is a consequence of inflationary price rise ? (1) Obstacle in development (2) Increase in economic inequalities (3) All of these (4) Adverse effect on the balance of payment

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Weed caused relatively more loss in rice productivity, when it is

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Last Answer : Ans.Direct seeded

As the number of investments made by a firm increases, its internal rate of return - (1) declines due to diminishing marginal productivity. (2) declines because the market rate of interest will fall, ceteris paribus. (3) increases to compensate the firm for the current consumption foregone. (4) increases because the level of savings will fall.

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As the number of investments made by a firm increases, its internal rate of return (1) declines due to diminishing marginal productivity. (2) declines because the market rate of interest will fall, ceteris paribus. (3) increases to compensate the firm for the current consumption foregone. (4) increases because the level of savings will fall.

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Last Answer :  increases to compensate the firm for the current consumption foregone.

"Closed Economy" means : (1) no provision for public sector (2) no provision for private sector (3) economy policy not well defined (4) a country having no imports and exports

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An economy which does not have any relation with the rest of the world is known as (1) Socialist economy (2) Closed economy (3) Open economy (4) Mixed economy

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Last Answer : (2) Closed economy Explanation: A Closed economy is an economy in which no activity is conducted with outside economies. A closed economy is self-sufficient, meaning that no imports are brought in ... The goal is to provide consumers with everything that they need from within the economy's borders.

Aneconomy in which there are no flows of labour, goods or money to and from other nations is a/an - (1) slow economy (2) mixed economy (3) closed economy (4) open economy

Description : Aneconomy in which there are no flows of labour, goods or money to and from other nations is a/an - (1) slow economy (2) mixed economy (3) closed economy (4) open economy

Last Answer : (3) closed economy Explanation: An economy that does not interact with the economy of any other country is known as closed economy. A closed economy is selfsufficient, meaning no imports are brought in ... It is the opposite of an open economy, in which a country conducts trade with outside regions.

A closed economy is one which - (1) Does not trade with other countries (2) Does not possess any means of international transport (3) Does not have a coatastal line (4) (4) Is not a member of the U.N.O.

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Last Answer : (1) Does not trade with other countries Explanation: A closed economy is one that has no exports or imports. An open economy is one that has exports and imports. In a closed ... surplus. In a closed economy, equilibrium price and equilibrium quantity determine consumer surplus and producer surplus.

“Closed Economy” means: (1) no provision for public sector (2) no provision for private sector (3) economy policy not well defined (4) a country having no imports and exports

Description : “Closed Economy” means: (1) no provision for public sector (2) no provision for private sector (3) economy policy not well defined (4) a country having no imports and exports

Last Answer :  a country having no imports and exports

A closed economy is one which (1) Does not trade with other countries (2) Does not possess any means of international transport (3) Does not have a coatastal line (4) Is not a member of the U.N.O.

Description : A closed economy is one which (1) Does not trade with other countries (2) Does not possess any means of international transport (3) Does not have a coatastal line (4) Is not a member of the U.N.O.

Last Answer : Does not trade with other countries

An economy in which there are no flows of labour, goods or money to and from other nations is a/an (1) slow economy (2) mixed economy (3) closed economy (4) open economy

Description : An economy in which there are no flows of labour, goods or money to and from other nations is a/an (1) slow economy (2) mixed economy (3) closed economy (4) open economy

Last Answer : closed economy

An economy which does not have any relation with the rest of the world is known as (1) Socialist economy (2) Closed economy (3) Open economy (4) Mixed economy

Description : An economy which does not have any relation with the rest of the world is known as (1) Socialist economy (2) Closed economy (3) Open economy (4) Mixed economy

Last Answer : Closed economy

Consider the following statements and identify the right ones. A. COR is relatively low in labour intensive sectors. B. COR will be high in capital intensive sectors C. Both D. None

Description : Consider the following statements and identify the right ones. A. COR is relatively low in labour intensive sectors. B. COR will be high in capital intensive sectors C. Both D. None

Last Answer : C. Both

What does the letter `e' denotes in the term `e - banking'? (1) Essential Banking (2) Economic Banking (3) Electronic Banking (4) Expansion Banking

Description : What does the letter `e' denotes in the term `e - banking'? (1) Essential Banking (2) Economic Banking (3) Electronic Banking (4) Expansion Banking

Last Answer : (3) Electronic Banking Explanation: 'e-banking' stands for electronic banking which involves the use of computers to carry out banking transactions such as withdrawals through cash dispensers or transfer of funds at point of sale. It is also known as online or interne banking.

Sellers market denotes a situation where : (1) commodities are available at competitive rates (2) demand exceeds supply (3) supply exceeds demand (4) supply and demand are evenly balanced

Description : Sellers market denotes a situation where : (1) commodities are available at competitive rates (2) demand exceeds supply (3) supply exceeds demand (4) supply and demand are evenly balanced

Last Answer : (2) demand exceeds supply Explanation: Seller's market is a market which has more buyers than sellers. High prices result from this excess of demand over supply. The opposite of the seller's market is the buyer's market, where supply greatly exceeds demand.

What does the letter ‘e’ denotes in the term ‘e - banking ’ ? (1) Essential Banking (2) Economic Banking (3) Electronic Banking (4) Expansion Banking

Description : What does the letter ‘e’ denotes in the term ‘e - banking ’ ? (1) Essential Banking (2) Economic Banking (3) Electronic Banking (4) Expansion Banking

Last Answer : Electronic Banking

Sellers market denotes a situation where : (1) commodities are available at competitive rates (2) demand exceeds supply (3) supply exceeds demand (4) supply and demand are evenly balanced

Description : Sellers market denotes a situation where : (1) commodities are available at competitive rates (2) demand exceeds supply (3) supply exceeds demand (4) supply and demand are evenly balanced

Last Answer :  demand exceeds supply

Which statement about the US economy is wrong? (A) The US has a capitalist mixed economy. (B) The US national debt is the world’s largest. (C) The US economy is shaped by the country’s huge natural resources, well developed infrastructure, and high productivity. (D) The USA is the largest exporter and importer of goods in the world.

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Last Answer : (D) The USA is the largest exporter and importer of goods in the world. 

7. Which of the following statements is/are true? a. Business Investment Spending occurs when individuals buy stock in the stock market b. Productivity is the United States grew very slowly between 1973 and 1996 c. Because of discouraged workers, the official unemployment rate is too high d. “Full employment” occurs when there is no frictional unemployment

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Last Answer : b. Productivity is the United States grew very slowly between 1973 and 1996