NABTEB Economics 2023 Objective — Question 43
Question 43 of 50 from the National Business and Technical Examinations Board (NABTEB) Economics 2023 Objective paper, with the correct answer and a full explanation.
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A country is described as developing if A. the population is decreasing B. there is low labour supply C. the contribution of tertiary sector to national income is high D. the income per head is low
- A. the population is decreasing
- B. there is low labour supply
- C. the contribution of tertiary sector to national income is high
- D. the income per head is lowCorrect
Explanation
Developing countries typically have low per capita income, among other characteristics such as high unemployment, low standard of living and high population growth.
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