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True or False only. Please Answer all. 76. Underdevelopment can be fully explained by coordination failure and problem diagnostics failure.* 77. Regardless of the process

True or False only. Please Answer all.

76. Underdevelopment can be fully explained by coordination failure and problem diagnostics failure.*

77. Regardless of the process of development that a nation follows, complementarity of inputs is required.*

78. In some poor countries, underdevelopment tends to perpetuate itself over time despite the onslaught of modern technology.*

79. Urbanization, when centralized, leads to migration to and congestion of centers of development.*

80. Underdevelopment is a point of equilibrium just as development is.*

81. In the process of development, pecuniary interests can be totally avoided.*

82. Technological externalities from advanced countries help in increasing the productivity of firms in developing countries.*

83. Improving infrastructure increases investments and trade in a nation.*

83. Improving infrastructure increases investments and trade in a nation.*

84. The development of a nation is necessarily the function of governments but not necessarily of the individuals or the private sector.*

85. O- Ring Model posits that there are no small tasks in the development process of nations.*

86. Diagnosis of an economic problem reduces the chance of failure in solving it.*

88. Distortions in the wage of workers can be avoided when the labor market is competitive.*

89. Workers can command more value to their work when they develop their comparative advantage.*

90. Minimum wage laws check the problem of purchasing power of income and solve income inequality.*

91. Vertical integration when established well can trigger economic development.*

92. Rural-urban migration can be prevented primarily through provision of free education.*

93. Complementarities are necessary to allow efficient use of resources.*

94. Complementarities require that each important component in an economic undertaking must act together with the other components for their common good.*

95. The educational achievement of workers can bring about income equality but also income inequality.*

96. The middle income trap is a measure of poverty that considers the deprivation of people in terms of health, education and standard of living of people.*

97. Development process in the Philippines that is biased towards the urban areas is always justifiable from the perspective of Development Economics.*

98. Information, communication and coordination between and among government institutions are requisites of successful economic development program implementation.*

99. A super-entrepreneur can solve poverty in any nation.*

100. In the Philippines, binding constraints to development are either man-made or not.*

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