The prior savings approach is based on classical economics which emphasizes that prior saving determines

Related MCQs

• The Prior Saving Theory regards saving as a prerequisite of --------
• In the Keynesian model, investment is not constrained by prior savings but by ------------ acceptable to the workers.
• Which of the following models makes the assumption of constant saving-income ratio?
• India’s First Five Year Plan was based on:
• The Harrod-Domar growth model is based on the relationship of what two economic elements?
• Harrod-Domar model of growth is based on the concepts of and their equality
• Which growth model inspired the use of capital-output ratio for development planning?
• Identify the model which is concerned with the ‘golden age’ equilibrium:
• Which of the following explains the term economic growth?
• Which of the following explains the term economic development?