Increases in the Total Real Output of Any LDCs Do

question 162

Multiple Choice

Increases in the total real output of any LDCs do not increase the nation's standard of living because

• A)the proceeds must be used to repay foreign lenders.
• B)population increases may dissipate the increase in real output.
• C)disguised unemployment in agriculture will persist.
• D)surplus farm labor may move from rural areas to industrial areas and thereby cause unemployment.