TRUE or FALSE 11. A high fertility rate reduces the per capita income, be it the Gross National Income per Capita or the Gross Domestic Product per capita. 12. The natural environment can bring about an increase or decrease in the population growth rate. 13. Rapid population growth does not necessarily reflect market failure. 14. Urbanization and localized economies lead to resource immobility 15. The most relevant advantage of locating a firm in an Industrial District is knowledge spillover. 16. The K -12 Program added years to basic education but Philippines student learning still lags behind many East Asian countries. 17. Investment in human capital is beneficial in the short run but investment in physical capital is beneficial in the long run. 18. Centralized urbanization leads to underdeveloped peripheral economies. 19. Improving hard infrastructures rather than soft infrastructures is absolutely a better choice in urbanization 20. Migration is an effect of wage distortions but not necessarily a cause
TRUE or FALSE 11. A high fertility rate reduces the per capita income, be it the Gross National Income per Capita or the Gross Domestic Product per capita. 12. The natural environment can bring about an increase or decrease in the population growth rate. 13. Rapid population growth does not necessarily reflect market failure. 14. Urbanization and localized economies lead to resource immobility 15. The most relevant advantage of locating a firm in an Industrial District is knowledge spillover. 16. The K -12 Program added years to basic education but Philippines student learning still lags behind many East Asian countries. 17. Investment in human capital is beneficial in the short run but investment in physical capital is beneficial in the long run. 18. Centralized urbanization leads to underdeveloped peripheral economies. 19. Improving hard infrastructures rather than soft infrastructures is absolutely a better choice in urbanization 20. Migration is an effect of wage distortions but not necessarily a cause
Chapter1: Making Economics Decisions
Section: Chapter Questions
Problem 1QTC
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Question
TRUE or FALSE
11. A high fertility rate reduces the per capita income, be it the Gross National Income per Capita or the Gross Domestic Product per capita.
12. The natural environment can bring about an increase or decrease in the population growth rate.
13. Rapid population growth does not necessarily reflect market failure.
14. Urbanization and localized economies lead to resource immobility
15. The most relevant advantage of locating a firm in an Industrial District is knowledge spillover.
16. The K -12 Program added years to basic education but Philippines student learning still lags behind many East Asian countries.
17. Investment in human capital is beneficial in the short run but investment in physical capital is beneficial in the long run.
18. Centralized urbanization leads to underdeveloped peripheral economies.
19. Improving hard infrastructures rather than soft infrastructures is absolutely a better choice in urbanization
20. Migration is an effect of wage distortions but not necessarily a cause
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