Which of the following characterize low-income nations, compared to middle-income and high-income countries?
I. higher rates of population growth
II. greater income inequality
III. a larger proportion of the labor force in agriculture
IV. a smaller share of income used for consumption
V. higher rates of unemployment
A) all of the above
B) II, III, IV, and V only
C) II, III, and IV only
D) II, III, and V only
Correct Answer:
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Q2: Comparing incomes across countries based on per
Q3: Which of the following statements is true?
Q4: Compared to middle- and high- income countries,
Q5: Those countries not among the high-income nations
Q6: According to the World Bank's classification of
Q7: According to the World Bank's classification of
Q8: The World Bank, an international organization designed
Q9: Which of the following statements is true
Q10: Which of the following characterize low-income nations,
Q11: A developing country, sometimes referred to as
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