Multiple Choice
The classical model of economic development emphasises
A) laissez-faire policy
B) capital accumulation
C) both (a) and (b)
D) none of these
Correct Answer:

Verified
Correct Answer:
Verified
Q8: The efficiency wage model is associated with<br>A)new
Q9: The curve which explains relationship between tax
Q10: The New Classical economics was developed against
Q11: The Menu cost model is associated with<br>A)new
Q12: Inflation can be contained by<br>A)surplus budget<br>B)increase in
Q14: Assertion (A): According to Keynes, individuals hold
Q15: Ratex hypothesis is related to<br>A)new classical economics<br>B)supply
Q16: Speculative demand for money is zero when
Q17: Assertion (A) : There exits inverse relationship
Q18: Gregory Mankiw belongs to<br>A)new keynesian economics<br>B)new classical