Which of the following statements is true?
A) A less developed country (LDC) is a country with a low GDP per capita, low levels of capital, and uneducated workers.
B) The vicious circle of poverty exists because GDP must rise before people can save and invest.
C) LDCs are characterized by rapid population growth and low levels of investment in human capital.
D) All of these.

Question

Quizplus · Accepted Answer

The Answer of Which of the following statements is true?
A) A less developed country (LDC) is a country with a low GDP per capita, low levels of capital, and uneducated workers.
B) The vicious circle of poverty exists because GDP must rise before people can save and invest.
C) LDCs are characterized by rapid population growth and low levels of investment in human capital.
D) All of these.

Which of the Following Statements Is True