Solved

Increases in the Total Real Output of Any LDCs Do

Question 69

Multiple Choice

Increases in the total real output of any LDCs do not increase the nation's standard of living because


A) the proceeds must be used to repay foreign lenders.
B) population increases may dissipate the increase in real output.
C) disguised unemployment in agriculture will persist.
D) surplus farm labor may move from rural areas to industrial areas and thereby cause unemployment.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents