Economics Growth and the Less-Developed Countries?

Mustafa_econ

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1. Which of the following are characteristics of less-developed countries (LDCs)?

I. Overpopulation
II. Agriculture is central to the economy
III. Lack of natural resources




A. I, II, and III

B. I and III

C. II and III

D. I and II


2. In addition to GDP per capita, what other measures are indicators of a country's standard of living?




A. Infant mortality rate

B. All of these

C. Per capita energy consumption

D. Illiteracy rate


3. Some colleges attempt to increase the productivity of professors by having courses taught online. This is an example of:




A. Physical capital

B. Natural resources

C. Technological progress

D. Human capital
4.
A poor country attempts to increase productivity to raise GDP per capita. Which of the following policies is NOT consistent with these goals?




A. Increase the amount spent on research and development

B. Encourage citizens to save more

C. Provide additional educational opportunities

D. Emphasize self-reliance and discourage international trade

5.
Which of the following are methods in which industrially advanced countries (IACs) can help less-developed countries (LDCs) that are stuck in poverty?

I. Provide foreign aid through the Agency for International Development (AID)
II. Give loans through the International Monetary Fund (IMF) and other private banks
III. Take control of policymaking for the LDC's government
IV. Transfer workers from IACs to LDCs




A. IV only

B. I, II, and III

C. I and II

D. II and III

E. I and IV
 
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