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TRUE/FALSE Most less-developed countries have a very low percentage of population

TRUE/FALSE

1.              Most less-developed countries have a very low percentage of population under the
                            age of 15.

2.              Receipt of foreign aid permits less-developed countries to move to a point outside their
                            production possibility curves.

3.              Most less-developed countries have sufficient infrastructure in place to become a
                            developed country.

4.              The size of a country’s GDP is the best way to identify a less-developed country.

 

5.              Per capita GDP measures both market and nonmarket production.

 

6.              The big-push strategy of development relies mainly on private incentives and a laissez-
                            faire government policy.

7.              The big-push approach to economic development requires little government intervention.

 

8.              The unbalanced development strategy for economic development requires little
                            government intervention.

9.              Per capita real GDP is the measure most frequently used to compare international living
                            standards.

10.              Political instability is a deterrent to long-term private investment.

Feb 11 2020 View more View Less

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