In the theory of economic development, the competing strategy to the big-push is
a. unbalanced development with forward and backward linkages
b. supply and demand
c. balanced economic development
d. real and money investments
e. government spending (financed by taxes)
A
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From 1860 to 1910, international net capital flow into the U.S
(a) was positive when the U.S. economy expanded. (b) was neutral and not influenced by the U.S. business cycle. (c) was negative when the U.S. economy grew. (d) was positively impacted by U.S. discussions about and actual restrictions on immigration.
One of the effects of a change in disposable income could not be a(n)
a. movement up along the consumption function. b. movement down along the consumption function. c. change in the amount of consumption expenditures. d. upward shift of the consumption function.