848EconomicsMedium
Which of the following statement is not true about LDCs?
AMost LDCs have a greater shortage of qualified teachers than the U.S does
BMost LDCs have less than 1/10 the per capita GNP of the U.S
CSetting up western labor standard and minimum wages in labor-abundant LDCs is sensible
DA greater share of GNP would have to be devoted to education to attain the same primary enrollment rates as in the U.S
Correct answer
C. Setting up western labor standard and minimum wages in labor-abundant LDCs is sensible
Explanation
The correct answer is Setting up western labor standard and minimum wages in labor-abundant LDCs is sensible.