A dual economy is distinguished from other economies by having ? A. an industrial sector and a manufacturing sectorB. a traditional agricultural sector and a modern industrial sector C. state owner ship of the means of production D. an industrial…
Dual economies are countries ? A. with double capital and labor/B. with a modern manufacturing sector as well as traditional agriculture sector C. that specialize in labor intensive products more than capital intensive products D. with foreign owned and domestically…
What is the ratio of population density of develog countries to the population of developed countries ? A. 10B. 2 C. no more than 1 D. 20
In low-income countries the average agricultural family produces a surplus ? A. enough to supply only a small nonagricultural population B. of zero C. large enough of feed five other families D. large enough to feed 25 other families
Assume that the real income of develog Island increases from $120,000 to $160,000 from 2005 to 2006 while its population expands from 1000 to 1100 during the same period Real income per capita has increased by about ? A. $145…
Which one of the following countries is not a high-income country ? A. Germany B. United Kingdom C. CanadaD. Mexico
Clientelism ? I- is also known as patrimonialism II- is the dominant pattern in many LDCs III- is a personalized relationship between patrons and clients IV- commands equals wealth, status or influence, based on unconditional loyalties and involving mutual benefits…
The following statements are true about informal sector except ? A. Uses no mechanical power B. May be enterprises with less than 10 workersC. Production is capital intensive D. Uses family workers
According to Lewis’s model the dual economy grows only when ? A. the modern sector increases its output relative to the traditional sector B. agricultural sector uses modern equipment C. agricultural sector hires labor economically D. modern manufacturing sector is…
Which of the following statement is true about low-income countries ? A. less than 10% of the labor force is in agricultureB. the average agriculture family produces surplus large enough only to supply small non-agriculture population C. One-third of the…