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Economics Mcqs
Q
According to chapter 2 in the text which of the following is true ?
AA. The boundary between rich and poor countries has become clearer in 1990s
BB. The fastest growing countries must be the ones with the highest per capita gnp
CC. A few poor countries like south korea and malaysia in the 1950s grew much more rapidly than some higher-income countries like uruguay and new zealand
DD. Today all high and upper-middle income countries are western.
Correct Answer:
C. C. A few poor countries like south korea and malaysia in the 1950s grew much more rapidly than some higher-income countries like uruguay and new zealand
