This topic contains a solution. Click here to go to the answer

Author Question: It is believed that the relatively high rate of labor force growth in the developing countries does ... (Read 107 times)

misspop

  • Hero Member
  • *****
  • Posts: 540
It is believed that the relatively high rate of labor force growth in the developing countries does not translate into a high rate of economic growth because:
 a. workers in developing countries have excess capital.
  b. workers in developing countries are not motivated enough.
  c. workers in developing countries do not have the natural resources needed for production.
  d. workers in developing countries have very little capital.
  e. the high birth rate is more than offset by an enormous mortality rate.

Question 2

A positive income elasticity of demand for a good means:
 a. it is a substitute.
 b. it is a complement.
 c. it is a normal good.
 d. it is an inferior good.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

anoriega3

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

d

Answer to Question 2

c





 

Did you know?

Hip fractures are the most serious consequences of osteoporosis. The incidence of hip fractures increases with each decade among patients in their 60s to patients in their 90s for both women and men of all populations. Men and women older than 80 years of age show the highest incidence of hip fractures.

Did you know?

Certain rare plants containing cyanide include apricot pits and a type of potato called cassava. Fortunately, only chronic or massive ingestion of any of these plants can lead to serious poisoning.

Did you know?

When blood is deoxygenated and flowing back to the heart through the veins, it is dark reddish-blue in color. Blood in the arteries that is oxygenated and flowing out to the body is bright red. Whereas arterial blood comes out in spurts, venous blood flows.

Did you know?

To maintain good kidney function, you should drink at least 3 quarts of water daily. Water dilutes urine and helps prevent concentrations of salts and minerals that can lead to kidney stone formation. Chronic dehydration is a major contributor to the development of kidney stones.

Did you know?

About 3.2 billion people, nearly half the world population, are at risk for malaria. In 2015, there are about 214 million malaria cases and an estimated 438,000 malaria deaths.

For a complete list of videos, visit our video library