Multiple Choice
Which one of the following statements is not in tune with the Ricardian theory of growth?
A) Rent tends to rise
B) Money wages tend to rise
C) Profits tend to fall
D) Profits tend to rise
Correct Answer:
Verified
Correct Answer:
Verified
Q4: Economic development means_.<br>A)Economic growth.<br>B)Economic growth plus structural
Q5: The classical theory of economic development is
Q6: The rate of growth of an economy
Q7: Economic development refers to _.<br>A)Economic growth.<br>B)Economic growth
Q8: Economic growth can be seen by an
Q10: In the Ricardian system, a crucial role
Q11: Ricardo built his theory round .<br>A)Value<br>B)Capital<br>C)Wages<br>D)Natural resources
Q12: Which of the following explains the term
Q13: Economic development is characterized by<br>A)Structural change in
Q14: Which of the following models uses three