A. causes development
B. is positively related to development
C. id inversely related to development
D. inhibits development
Characteristics and Institutions of Developing Countries
The low-income economies generally have the following except ?
A. deficient infrastructures
B. low life expectancies
C. low savings
D. a per capital GNP of more than $900
Increases in real GNP per capita occur when ?
A. government programs direct resources away from investment goods to consumer goods.
B. tariffs and quotas prevent dollars from leaving the country
C. the rate of growth of real GNP is greater than the rate of growth of population
D. the level of consumption expenditures rises relative to the level of saving
Two or more nuclear families of parent(s) and children is known as ?
A. dual family
B. institutional family
C. extended family
D. two-tier family tree
Which of the following statement is true about low-income countries ?
A. less than 10% of the labor force is in agriculture
B. the average agriculture family produces surplus large enough only to supply small non-agriculture population
C. One-third of the labor force produce food
D. share of labor force is about 30%
According to Lewis’s model the dual economy grows only when ?
A. the modern sector increases its output share relative to the traditional sector
B. agricultural sector uses modern equipment
C. agricultural sector hires labor economically
D. modern manufacturing sector is labor intensive
The following statements are true about informal sector except ?
A. Uses no mechanical power
B. May be enterprises with less than 10 workers
C. Production is capital intensive
D. Uses family workers
Clientelism ?
I- is also known as patrimonialism
II- is the dominant pattern in many LDCs
III- is a personalized relationship between patrons and clients
IV- commands equals wealth, status or influence, based on unconditional loyalties and involving mutual benefits
Which one of the following countries is not a high-income country ?
A. Germany
B. United Kingdom
C. Canada
D. Mexico