Question

Find out the true statements related to economic development
i Economic growth is necessary and sufficient to eradicate most of absolute poverty.
ii. Income level or GDP is criticized as an indicator of development mainly because it takes no account of the distribution of income.
iii. As income rises, there tends to be a shift of labor from the service sector to the industrial sector.
Α. (i)true (ii)false(iii)false
B (i)true(ii)true (iii)true
C. (i)false (ii)true (ili)false
D (1) true(ii) true (ili)false​

Answer 1

Answer:

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