Search
.Management Sciences
Category: Characteristics and Institutions of Developing Countries
A country’s capital stock is the ?
A. approximated investment minus actual investment
B. inflow of investment from abroad
C. sum of previous gross investment minus depreciation
D. difference between GDP and capital consumption
The informal sector includes ?
I-artisans, cottage industrialists, petty traders, teashop proprietors
II- garbage pickers jitney unauthorized taxis repair persons
III- the self employed
IV- activities with little capital skill and entry barriers
A. I and II only
B. III and IV only
C. IV only
D. I, II, III and IV
Dual economies are countries ?
A. with double capital and labor/
B. with a modern manufacturing sector as well as traditional agriculture sector
C. that specialize in labor intensive products more than capital intensive products
D. with foreign owned and domestically owned capital
The following statements are true about informal sector except ?
A. Uses no mechanical power
B. May be enterprises with less than 10 workers
C. Production is capital intensive
D. Uses family workers
Recent Comments