Micro Economics For Today
Micro Economics For Today
10th Edition
ISBN: 9781337613064
Author: Tucker, Irvin B.
Publisher: Cengage,
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Chapter 17, Problem 9SQ
To determine

The characteristic of an LDC.

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Which statements are TRUE? A. Technological externalities from advanced countries help in increasing the productivity of firms in developing countries. B. Improving hard and soft infrastructure increase investments and trade of a nation. C. The development of a nation is necessarily the function of governments but not necessarily of the individuals or the private sector. D. O- Ring Model posits that there are no small tasks in the development process of nations.
.The social exclusion approach implies that:   a. people who are anti-social are anti-poor and hinders the development process. b. people with a family and can exercise civil rights are "wealthy".  c. there are social costs of development.  d. there are many people that should be involved in economic development.
In developing countries, ________ is a major cause of environmental degradation.a. rapid urbanizationb. population growthc. rural povertyd. none of the abovee. all of the above
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