Economic development refers to
A) economic growth.
B) economic growth plus changes in output distribution and economic structure.
C) improvement in the well-being of the urban population.
D) sustainable increases in gross national product.
Correct Answer:
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Q2: The Physical Quality of Life Index (PQLI)
Q3: The Human Development Index (HDI) summarizes a
Q4: As economic development proceeds, income inequality tends
Q5: The Harrod-Domar growth model suggests that growth
Q6: Rostow's economic stages are
A)the preconditions for take-off,
Q7: A value of 1 in Gini index
Q8: The Lorenz curve shows
A)patterns of poverty between
Q9: Economic growth can be seen by an
Q10: The concept of economic growth is:
A)identical with
Q11: The rate of growth of an economy
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