Question:

Which of the following statement is false?

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a. Richer countries tend to be found in North America, Western Europe and Japan.

b. Countries with large population tend to be rich.

c. Growth of per capita GNP tends to be quite stable about 1.5-3.0 percent per year in industrial countries.

d. Over the past serveral decades, growth of per capita GDP tends to be higer on average in industrialized countries than in low or middle income countries.

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4 ANSWERS


  1. b. Countries with large population tend to be rich.

    In fact, if you look at countries in the developing world, the opposite tends to be the case.


  2. Only a) is clearly true.

    b) China and India are not rich so this is false.

    c) It depends on the time period you look at.

    d) China and India  have been growing faster so if you do a weighted average it is false, but there are many very small  countries that have slow growth. so counting all countries equally may make this true.

  3. B - Look at india, nearly 1 billion people, very poor.

  4. b is false, d might be as well.

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