ECO448
For a plan to survive
Answer: it should have a level of feasibility and consistency
The input-output analusis was invented by
Answer: w. leontief
Under input-output analysis
Answer: value added refers to payments to the factors of production
Transfers in SAM
Answer: represent monetary flows which exist between the various institution accounts
Uses of input-output analysis include all except
Answer: provide individual branches of the economyâ€~s estimates of production and investment-savings levels
SAM in Linear Programming means
Answer: social accounting matrix
In linear programming a definite objective is set to
Answer: to maximize income or minimize costs.
The linear programming was originally designed for the
Answer: usa air force
Which of these statement is true about the Harrod-Domar model?
Answer: according to the harrod-domar model, the less developed countries does not have sufficient savings & capital
The Harrod-Domar Model specifically emphasized on capital basically
Answer: savings and investment
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