When an economy produces more output per capital the economy is said to be having:

Related MCQs

• Which growth model inspired the use of capital-output ratio for development planning?
• The capital-output ratio is determined by:
• The rate of growth of an economy mainly depends upon ___________ .
• The basic characteristic of an underdeveloped economy is__________ .
• According to Lewis’s model, the dual economy grows only when __________ .
• The rate of growth of an economy mainly depends upon:
• According to R. Nurkse, the inducement to invest in the context of an underdeveloped economy is limited mainly by the:
• By growth rate of an economy can be speeded up.
• Besides increase in output, economic development is concerned with:
• In which year was the first volume of Das Capital be Karl Marx published?