Study Card

Economics
Created 6 days ago

Instructions

The following data relates to the national income of a country.

Gross domestic product = $ 2800

Net factor income from abroad = $ 250

Depreciation = $ 700

Indirect taxes = $ 120

Use it to answer question

Abundant natural resources do not contribute to economic growth in developing countries because of

Select your answer:

Select an option and check your answer

Question

Abundant natural resources do not contribute to economic growth in developing countries because of

Answer

A

high rate of inflation

B

urban congestion

C

mismanagement and corruption

D

over-reliance on multiple commodities