Multiple Choice
Economic growth can be seen by an outward shift of:
A) the production possibility frontier
B) the gross domestic barrier
C) the marginal consumption frontier
D) the minimum efficient scale
Correct Answer:
Verified
Correct Answer:
Verified
Q11: Which of the following models makes the
Q12: A graphical technique that can be used
Q13: As economic development proceeds, income inequality tends
Q14: An underdeveloped economy is characterized by<br>A)high per
Q15: Economic development refers to<br>A)economic growth.<br>B)economic growth plus
Q17: The Gini coefficient is a technique frequently
Q18: Rostow's economic stages are<br>A)the preconditions for take-off,
Q19: The Lorenz curve shows<br>A)patterns of poverty between
Q20: Which of the following explains the term
Q21: The rate of growth of an economy