Development assistance is designed to spur population growth in poor countries
a. True
b. False
Indicate whether the statement is true or false
False
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The study of factors that contribute to the economic development of a country is
A) development economics. B) the theory of technological advancements. C) population growth economics. D) the new technology theory.
Which of the following industrial policies are effective for developing countries to deal with inflows of capital from overseas?
A. Import substitution, export-led growth, and clustering. B. Import substitution, export-led growth, and crowding out. C. Import substitution, government subsidy, and clustering. D. Market Substitution, government subsidy, and crowding out.
The two types of market structures that are imperfectly competitive are:
A. perfect competition and monopolistic competition. B. oligopoly and monopoly. C. monopoly and perfect competition. D. monopolistic competition and oligopoly.
Which one of the following statements is FALSE?
A. The relative price of a good is its price measured relative to the price of other goods. B. When the price of beer goes up by the same proportion as the prices of all other goods, the relative price of beer does not change. C. The nominal price of a good is its price measured in current dollars. D. Generally, what matters most to consumers is what a good costs in dollars.