A. Open Economies Caucus on Development

B. Oil Exporting Countries Development

D. Organization for Environmental cooperative Department

A. low income levels create pressure for cheap imports

B. growing government assistance create addiction to welfare programs

D. low income levels create pressure for money creation

A. indivisibilities

C. elasticity of capital

D. capitalization

B. agriculture

C. Supply

D. services

A. his hypothesis of the stages of growth is difficult to test empirically

B. there is no explanation of why growth occurs after takeoff

D. much available data contradicts his thesis about the takeoff stage

A. the learning curve the age of high mass consumption post takeoff, and the drive to maturity

B. the preconditions for consumption the replication the drive to maturity and the age of high mass consumption

D. The preconditions for takeoff, the takeoff, the drive to maturity and the age of creative destruction

A. resource allocation is poor

C. underemployment is too widespread

D. technology levels do not allow for self sufficiency

A. Thomas R. Malthus

C. Adam Smith

D. John Stuart Mill

A. market size is large in LDCs

C. as countries grow richer they save less

D. a country is poor because it has lower productivity but high savings

A. The rise of industrial and capitalist production

B. Political and labor revolts

D. The French Revolution

A. Forming an unskilled labor force to work in factories and mines and on plantations

B. #NAME?

C. Closing the economy to trade with and investment from, developed countries

D. Workers migrating from villages to foreign-dominated urban complexes

A. Rostows model

B. classical appraoch

D. Marxism

A. conditions for takeoff are contradicted by historical evidence

B. the difficulty of testing the stages scientifically

C. characteristics of one stage are not unique to that stage

A. derived from domestic opponents of nationalism

B. based on an alliance between peasants and the foreign bourgeoisie

C. based on an alliance between landowners and peasants

A. laissez faire

B. #NAME?

C. the invisible hand

D. competitive markets

A. reactionary ruling coalitions

B. monopolistic business from abroad

C. weak domestic middle class

A. capitalism exploits the worker and socialism exploits the property owner

B. capitalism relies on consumer satisfaction to dictate choices and socialism relies on producer satisfaction

D. capitalism grows through rent seeking and socialism grows through government direction

B. urban unemployment is high in LDCs

C. LDCs are overpopulated

D. labor contributes nothing to output in LDCs

A. the rise of the business corporation

B. the migration of serfs to the town

C. #NAME?

D. factory competition with handicraft and manorial production

A. with an average product of labor in agriculture that is negative

C. with a downward-sloping supply curve of labor

D. with a marginal productivity of labor zero or negligible in industry

A. provides an explanation of all factors influencing economic growth.

B. #NAME?

C. explains causal relationships among variables

D. is a systematic explanation of relationships between economic variables

B. should act to maximize economic growth

C. should act to promote the public interest

D. will increase their profits in a free market

A. directly related to the capital/output ratio and inversely related to savings

B. indirectly related to savings and the capital/output ratio

C. directly related to savings and the capital/output ratio