A dual economy is distinguished from other economies by having ?

A dual economy is distinguished from other economies by having ?

A. an industrial sector and a manufacturing sector
B. a traditional agricultural sector and a modern industrial sector
C. state owner ship of the means of production
D. an industrial sector that concentrates on manufacturing and construction

Assume that the real income of developing 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 ?

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
B. $40,000
C. $25
D. $100

Which of the following statement is true about low-income countries ?

Which of the following statement is true about low-income countries ?

A. less than 10% of the labor force is in agriculture
B. the average agriculture family produces surplus large enough only to supply small non-agriculture population
C. One-third of the labor force produce food
D. of labor force is about 30%