Sectors where the development process leads to a more rapid expansion of demand than supply in goods or factor markets are known as
(a) the crisis in planning.
(b) input-output analysis.
(c) bottlenecks.
(d) infant industries.
Question 2
Kuznets's investigations of development suggested that income
a. generally becomes more unequal as development progresses
b. generally becomes more unequal up to a point, then becomes more equal
c. generally becomes more equal as development progresses
d. generally become more equal up to a point, then become more unequal
e. none of the above
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