Multiple Choice
Economic development refers to __________.
A) Economic growth.
B) Economic growth plus changes in output distribution and economic structure.
C) Improvement in the well-being of the urban population.
D) Sustainable increases in Gross National Product.
Correct Answer:
Verified
Correct Answer:
Verified
Q2: The concept of economic growth is_.<br>A)Identical with
Q3: Which of the following explains the term
Q4: Economic development means_.<br>A)Economic growth.<br>B)Economic growth plus structural
Q5: The classical theory of economic development is
Q6: The rate of growth of an economy
Q8: Economic growth can be seen by an
Q9: Which one of the following statements is
Q10: In the Ricardian system, a crucial role
Q11: Ricardo built his theory round .<br>A)Value<br>B)Capital<br>C)Wages<br>D)Natural resources
Q12: Which of the following explains the term