Infrastructure development is not the problem in LDCs, the overriding issue is the low level of opportunity costs for development activity.
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Q14: If population grows faster than income, then
Q15: Investments in human capital include spending on
Q16: A big-push strategy for economic development relies
Q17: The opportunity cost of human capital augmentation
Q18: A "big-push" strategy for economic development refers
Q20: Per capita income is calculated by
A) income
Q21: Per capita income growth is measured by
A)
Q22: Most less-developed countries are characterized by
A) inadequate
Q23: A high proportion of the population under
Q24: To build growth into its economy, a
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