By whom was the autonomous investment separated from induced investment ? (1) Schumpeter (2) Malthus (3) Joan Robinson (4) Adam Smith

By whom was the autonomous investment separated from induced investment ? (1) Schumpeter (2) Malthus (3) Joan Robinson (4) Adam Smith
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Schumpeter
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By whom was the autonomous investment separated from induced investment? (1) Schumpeter (2) Malthus (3) Joan Robinson (4) Adam Smith

Description : By whom was the autonomous investment separated from induced investment? (1) Schumpeter (2) Malthus (3) Joan Robinson (4) Adam Smith

Last Answer : (1) Schumpeter Explanation: Under his concept of creative destruction, Schunipeter distinguished between two types of investment that he called induced and autonomous. Induced investment arose from the ... Saving up constituted the part of out-put that is withheld from investment and consumption.

Which of the following economists is called the Father of Economics? (1) Malthus (2) Robinson (3) Ricardo (4) Adam Smith

Description : Which of the following economists is called the Father of Economics? (1) Malthus (2) Robinson (3) Ricardo (4) Adam Smith

Last Answer : (4) Adam Smith Explanation: Adam Smith, a Scottish moral philosopher and a pioneer of political economy, is cited as the "father of modern economics." He is best known for two classic works: The ... Wealth of Nations (1776). The Wealth of Nations is considered as the first modern work of economics.

The Ability Principle of Taxation is given by - (1) Adam Smith (2) Edgeworth (3) Joan Robinson (4) J.S.Mill

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Last Answer : (1) Adam Smith Explanation: The 'Ability-to-Pay' principle of Taxation is one of the canons of taxation proposed by Adam Smith in his 'Wealth of Nations.' It is a progressive taxation principle ... to pay of an individual or group. The emphasis in this approach is put on redistribution of income.

The Ability Principle of Taxation is given by (1) Adam Smith (2) Edgeworth (3) Joan Robinson (4) J.S.Mill

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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.

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

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Theory of Demographic Transition is propounded by (a) Malthus (b) Karl Marx (c) Thompson and Notestein (d) Mrs. Joan Robinson

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Last Answer : (a) Malthus

Which economist stated the positive impact of monopoly? A.Marshall B.Adam Smith C.Joseph Schumpeter D.Pigou

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J. B. Say's Law of Market was not accepted by - (1) Adam Smith (2) Marshall (3) Malthus (4) David Ricardo

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Who is called the Father of Economics? (1) J.M. Keynes (2) Malthus (3) Ricardo (4) Adam Smith

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Last Answer : (4) Adam Smith Explanation: Adam Smith is best known for two classic works: The Theory of Moral Sentiments (1759), and An Ingully into the Nature and Causes of the Wealth of Nations (1776 ... father of modern economics and is still among the most influential thinkers in the field of economics today.

‘Wage Fund Theory’ has been given by (a) Adam Smith (b) Malthus (c) David Ricardo (d) J.S. Mill

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J. B. Say’s Law of Market was not accepted by : (1) Adam Smith (2)Marshall (3) Malthus (4) David Ricardo

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Last Answer : Marshall

Who propounded the ‘market law ? (1) Adam Smith (2) J.B. Say (3) T.R. Malthus (4) David Recardo

Description : Who propounded the ‘market law ? (1) Adam Smith (2) J.B. Say (3) T.R. Malthus (4) David Recardo

Last Answer : J.B. Say

Who is called the Father of Economics? (1) J.M. Keynes (2) Malthus (3) Ricardo (4) Adam Smith

Description : Who is called the Father of Economics? (1) J.M. Keynes (2) Malthus (3) Ricardo (4) Adam Smith 

Last Answer : Adam Smith

'Supply creates its own demand'. This statement is related to - (1) Prof. J.B. Say (2) John Robinson (3) Adam Smith (4) J.S. Mill

Description : 'Supply creates its own demand'. This statement is related to - (1) Prof. J.B. Say (2) John Robinson (3) Adam Smith (4) J.S. Mill

Last Answer : (1) Prof. J.B. Say Explanation: Jean Baptiste Say was a French economist. I le is well known for Say's Law (or Say's Law of Markets), often summarized as: "Aggregate supply creates ... create enough demand to buy the goods. Thus production is determined by the supply of goods rather than demand.

Which statement reflects the best beliefs of Adam smith Tomas malthus and david ricardo?

Description : Which statement reflects the best beliefs of Adam smith Tomas malthus and david ricardo?

Last Answer : We don’t have your statements so can’t provide an answer.

The innovation theory of profit was proposed by - (1) Marshall (2) Clark (3) Schumpeter (4) Joan Robbinson

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.

The innovation theory of profit was proposed by (1) Marshall (2) Clark (3) Schumpeter (4) Joan Robbinson

Description : The innovation theory of profit was proposed by (1) Marshall (2) Clark (3) Schumpeter (4) Joan Robbinson

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The value of investment multiplier relates to - (1) change in income due to change in autonomous investment. (2) change in autonomous investment due to change in income. (3) change in income due to change in consumption. (4) change in the income due to change in induced investment.

Description : The value of investment multiplier relates to - (1) change in income due to change in autonomous investment. (2) change in autonomous investment due to change in income. (3) change in income due to change in consumption. (4) change in the income due to change in induced investment.

Last Answer : (2) change in autonomous investment due to change in income. Explanation: The term investment multiplier refers to the concept that any increase in public or private investment spending has a ... . The investment multiplier tries to determine the financial impact for a public or private project.

The additional capital used per unit of additional production is called a. Induced investment b. Autonomous investment c. Incremental COR d. None of the above

Description : The additional capital used per unit of additional production is called a. Induced investment b. Autonomous investment c. Incremental COR d. None of the above

Last Answer : : c. Incremental COR COR refers to the number of units of capital required to produce one unit of output.

The investment by government to create socio-economic infrastructure is a. Induced investment b. Autonomous investment c. Incremental COR d. None of the above

Description : The investment by government to create socio-economic infrastructure is a. Induced investment b. Autonomous investment c. Incremental COR d. None of the above

Last Answer : b. Autonomous investment Autonomous investment is made by the government. Welfare rather than profit is the primary objective here.

The value of investment multiplier relates to (1) change in income due to change in autonomous investment. (2) change in autonomous investment due to change in income. (3) change in income due to change in consumption. (4) change in the income due to change in induced investment.

Description : The value of investment multiplier relates to (1) change in income due to change in autonomous investment. (2) change in autonomous investment due to change in income. (3) change in income due to change in consumption. (4) change in the income due to change in induced investment.

Last Answer : change in autonomous investment due to change in income.

Who said 'Supply creates its own demand'? (1) Adam Smith (2) J.B.Saw (3) Marshall (4) Ricardo

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The General Equilibrium Analysis" was developed by - (1) Marshall (2) Ricardo (3) Walras (4) Adam Smith

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The 'Canons of Taxation' were propounded by - (1) Edwin Canon (2) Adam Smith (3) J.M. Keynes (4) Dalton

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The father of Economics is - (1) Marshall (2) Adam Smith (3) J.M. Keynes (4) Karl Marx

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”The General Equilibrium Analysis” was developed by (1) Marshall (2) Ricardo (3) Walras (4) Adam Smith

Description : ”The General Equilibrium Analysis” was developed by (1) Marshall (2) Ricardo (3) Walras (4) Adam Smith

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Who propounded the Innovation theory of profits? (1) J.A. Schumpeter (2) P.A. Samuelson (3) Alfred Marshall (4) David Ricardo.

Description : Who propounded the Innovation theory of profits? (1) J.A. Schumpeter (2) P.A. Samuelson (3) Alfred Marshall (4) David Ricardo.

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Who developed the innovations theory of profit? (1) Walker (2) Clark (3) Knight (4) Schumpeter

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.

Who propounded Dynamic Theory of profit? (1) Clark (2) Schumpeter (3) Knight (4) Hawly

Description : Who propounded Dynamic Theory of profit? (1) Clark (2) Schumpeter (3) Knight (4) Hawly

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