Match List-I with List-II: List-IList-II (a) Theory of big push (i) J. H. Boeke (b) Warranted rate of…
Rosenstein-Rodan developed the big-push argument; Harrod defined the warranted growth rate; Boeke is associated with social dualism; Romer with endogenous growth. Only…
Choose your answer
Match List-I with List-II:
| List-I | List-II |
|---|---|
| (a) Theory of big push | (i) J. H. Boeke |
| (b) Warranted rate of growth | (ii) Paul Romer |
| (c) Social dualism | (iii) Rosenstein-Rodan |
| (d) Endogenous growth theory | (iv) R. F. Harrod |
Answer and explanation
Correct answer C
Rosenstein-Rodan developed the big-push argument; Harrod defined the warranted growth rate; Boeke is associated with social dualism; Romer with endogenous growth. Only (a)–(iii), (b)–(iv), (c)–(i), (d)–(ii) preserves all four associations. The other codes interchange these theorists.
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UGC NET Economics