People who regularly move in and out of poverty (for example small farmers and seasonal workers). The occasionally poor are rich most of the time but may sometimes have a patch of bad luck are called ______
Chronic poor Churning poor Transient poor Non-poor
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The churning poor are the people who go in and out of poverty (for example, small farmers and seasonal workers).
Who is called the father of macroeconomics?
Alfred Marshall John Maynard Keynes Adam Smith Leon Walras
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Macroeconomics as a modern discipline began with the publication of John Maynard Keynes's General Theory of Employment, Interest, and Money where he offered a new theory of economics that evolved into Keynesian economics.
What is the pulsating theory of the universe?
A cosmological model that combines both the Big Bang and the Big Crunch as part of a cyclical event An expansion and contraction of the star as a whole in a regular periodic pulsation All the matter of the universe was present in a single place in the form of hot and dense fireball Counting of the galaxies is constant and new galaxies which are forming continuously are filling the empty spaces
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Sir J.C. Bose proposed a theory of the ascent of sap known as the pulsation theory. The Pulsating Universe Theory says that the universe follows self-sustaining cycles such as expanding and contrasting.
Name the economist who gave the theory of “Comparative Advantage.”
Adam Smith David Ricardo Thomas Robert Malthus Amartya Sen
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David Ricardo was a classical economist best known for his theory on wages and profit, the labor theory of value, the theory of comparative advantage, and the theory of rents.
Who was the Constitutional Advisor of the Constituent Assembly?
Dr. Sachinand Sinha Dr. B.N. Rau Dr. Rajendra Prasad H.C. Mukherjee
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Sir Benegal Narsing Rau CIE was an Indian civil servant, jurist, diplomat and statesman known for his key role in drafting the Constitution of India. He was the Constitutional Advisor to the Constituent Assembly.
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