Multiple Choice
An underdeveloped economy is characterized by
A) high per capita real income
B) large proportion of labour force in the tertiary sector
C) state of deprivation of large proportion of population
D) all the above
Correct Answer:
Verified
Correct Answer:
Verified
Q9: The Human Development Index (HDI) summarizes a
Q10: A value of 1 in Gini index
Q11: Which of the following models makes the
Q12: A graphical technique that can be used
Q13: As economic development proceeds, income inequality tends
Q15: Economic development refers to<br>A)economic growth.<br>B)economic growth plus
Q16: Economic growth can be seen by an
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