Please help me with these. Thank you.

1. GDP, GNP and Human Development Index (HDI) are all economic measures that measure thewellbeing of people in a country.*

True

False

2.Economic growth is measured as an increase in real GDP.*

True

False

3.The major variables of HDI are literacy rates, life expectancy, income per capita and inequality rates.*

True

False

4.The rate of population growth has a major impact on the nation's economy.*

True

False

5.The level of wages in a country is directly related to the level of productivity of workers in that country.*

True

False

6.Economic Development may require a change in some of the social institutions of a nation.*1 point

True

False

7.Practically all income in underdeveloped nations is used to purchase consumer goods, which leaves little, if anything, for savings.*

True

False

8.Because few households can afford to save much, most developing countries depend heavily on corporations for their domestic nongovernmental (i.e., private) savings.*

True

False

9.One of the major problems of underdeveloped nations is that they do not have enough people engaged in agriculture.*

True

False

10.Developing countries typically have low real GDP per capita, high birth rates, low education, and low savings rates.*

True

False

11.The money sent home by workers who emigrate from a developing country can benefit the country as a source of foreign exchange, but it can hurt the country if the most skilled and educated professionals are leaving.*

True

False

12.As incomes rise there tends to be a shift of labor from the services sector to the industrial sector.*

True

False

13.Y/Y is determined by s/k.*

True

False

14.Capital and Income has an inverse relationship because of the trade-off.*

True

False

15.Countries without savings has no way to increase growth thereby going into a vicious circle.*

True

False