The relationship between economic inputs and outputs is a. ...

[tiara099]

The relationship between economic inputs and outputs is
 
  a. productivity
  b. capital
  c. production function
  d. factors of production
  e. none of the above

Question 2

In defining development to include more than just the growth of per capita income, there is an implicit assumption that the growth of per capita income alone is not sufficient to guarantee the reduction of poverty and the growth of self-esteem.
 
  Is it possible that there could be growth of per capita income without the achievement of these other objectives?

[sokh]

Answer to Question 1

C

Answer to Question 2

Per capita income can show growth even when that growth does not touch vast portions
of the population. This point is clearly made in Chapter 5 . The growth may be centered in one area or sector of the economy for example. Also, most developed countries have, at some time in their histories, introduced policies emphasizing equality.

[tiara099]

Correct answers!

[sokh]

Great! Please up vote