Match the following concepts with the economists who proposed these concepts: ConceptsEconomists a)…
Shocks and stimulants belong to Harvey Leibenstein's analysis of the critical minimum effort, while relative surplus population is associated with Karl Marx. Knife-edge…
Choose your answer
Match the following concepts with the economists who proposed these concepts:
| Concepts | Economists |
|---|---|
| a) Shocks and stimulants | i) Karl Marx |
| b) Relative surplus population | ii) Hirschman |
| c) Knife edge | iii) Harvey Leibenstein |
| d) Pressure relieving investment | iv) Harrod-Domar |
Answer and explanation
Correct answer A
Shocks and stimulants belong to Harvey Leibenstein's analysis of the critical minimum effort, while relative surplus population is associated with Karl Marx. Knife-edge growth is associated with Harrod-Domar, and pressure-relieving investment with Hirschman's analysis of unbalanced growth.
Practice for these exams
-
Telangana SET (TG SET)