Multiple Choice
Assume that the real output of a developing nation increases from $120 billion to $140 billion, while its population expands from 100 to 110 million. As a result, real income per capita has increased by
About
A) $56 per person.
B) $64 per person.
C) $72 per person.
D) $88 per person.
Correct Answer:
Verified
Correct Answer:
Verified
Q249: (Consider This) The World Bank defines extreme
Q250: The exports of the DVCs consist largely
Q251: (Last Word) Loans offered through microcredit programs<br>A)
Q252: Population expansion can impede economic development for
Q253: Capital flight from DVCs (developing countries) tends
Q255: What is the World Bank? What is
Q256: Which of the following is not a
Q257: The demographic transition view alleges that<br>A) the
Q258: What measure of economic development is used
Q259: When technological advances are of the capital-using