Author Question: Why India Cannot Sustain High Economic Growth, by Kunal KumarKundu In his article about India's ... (Read 208 times)

chandani

  • Hero Member
  • *****
  • Posts: 541
Why India Cannot Sustain High Economic Growth, by Kunal KumarKundu
 
  In his article about India's prospects for growth, the author notes that Per capita availability of food grain is falling as population is growing faster than food grain production. Deplorable rural infrastructure leads to India wasting an amount of food grain... . India's agriculture is still so very highly monsoon dependent...
   www.rediff.com 5/29/2008
  This view of India's economic growth is best reflected in the ________.
  A) classical growth theory.
  B) new growth theory.
  C) neoclassical growth theory.
  D) aggregate production theory.

Question 2

ABC news in Australia reported that the average annual wage in 2008 was 13,308. To calculate the real wage rate in Australia, you would need to know
 
  A) Australia's inflation rate between 2007 and 2008.
  B) Australia's price level in 2008.
  C) the core inflation rate in Australia in 2008.
  D) the exchange rate between the U.S. dollar and the Australian dollar.



Cheesycrackers

  • Sr. Member
  • ****
  • Posts: 333
Answer to Question 1

A

Answer to Question 2

B



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

Always store hazardous household chemicals in their original containers out of reach of children. These include bleach, paint, strippers and products containing turpentine, garden chemicals, oven cleaners, fondue fuels, nail polish, and nail polish remover.

Did you know?

Of the estimated 2 million heroin users in the United States, 600,000–800,000 are considered hardcore addicts. Heroin addiction is considered to be one of the hardest addictions to recover from.

Did you know?

Recent studies have shown that the number of medication errors increases in relation to the number of orders that are verified per pharmacist, per work shift.

Did you know?

Warfarin was developed as a consequence of the study of a strange bleeding disorder that suddenly occurred in cattle on the northern prairies of the United States in the early 1900s.

Did you know?

Patients who have been on total parenteral nutrition for more than a few days may need to have foods gradually reintroduced to give the digestive tract time to start working again.

For a complete list of videos, visit our video library