Identify the correct statement.
A) In some of the industrialized countries, the income per person declined between 1990 and 2009.
B) Most of the developing countries have been growing at a uniform rate since 1990.
C) The average product per person has grown faster in the developing countries than in the industrialized countries since 1990.
D) The developing countries are expected to catch up with the average per capita income in the industrialized countries in near future.
Correct Answer:
Verified
Q2: Which of the following factors is most
Q3: In comparing growth rates of per capita
Q4: Which of the following is indicated by
Q5: Countries having comparative advantages based on land
Q6: Which of the following is true of
Q8: For which of the following goods does
Q9: An example of policies designed to protect
Q10: Developing countries tend to have comparative advantages
Q11: The long-run trends of relative prices of
Q12: An example of policies designed to encourage
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