Brazil's Growth Rate During the 1960's Was 6

question 22

Multiple Choice

Brazil's growth rate during the 1960's was 6.0% when poverty weights were used to evaluate growth,compared with 8.2% when GNP weights were used to evaluate growth.One can conclude from these numbers that

• A)average income growth was greater for poor households than for rich households.
• B)average income growth was greater for rich households than for poor households.
• C)more and more households were falling below the poverty line.
• D)the size distribution of income was getting worse.

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Definitions:

Machine-Hours

A measure of production volume expressed in the total number of hours that machines are operated.

Departmental Predetermined Overhead Rates

Rates used to allocate overhead costs to products, calculated in advance for each department based on estimated overheads and activity levels.

Machine-Hours

An index of manufacturing productivity determined by the total hours of machine operation.

Machine-Hours

A measure of production time, indicating how many hours machines are used in the manufacturing process.