The prior savings approach is based on classical economics which emphasizes that prior saving determines
A) investment
B) income
C) consumption
D) inflation rate
Correct Answer:
Verified
Q4: Harrod-Domar model of growth is based on
Q5: The characteristics of Rostow's Traditional society include
A)enlarged
Q6: The Prior Saving Theory regards saving as
Q7: In the Keynesian model, investment is not
Q8: The extension of Harrod-Domar model was made
Q10: The assumptions of Technological dualism not include
A)there
Q11: Dualism and dichotomies in geography do not
Q12: Development of one leading sector is a
Q13: The existence of Different Frameworks in the
Q14: Shift in Occupational Distribution is a feature
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