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O-LevelEconomicsEconomic development2281/12 · May/June 2015 · Q241 Mark

In 2013, subsistence farming, which involved a large percentage of the population, was a significant activity in the Philippines and Indonesia. What can be concluded about the Philippines and Indonesia from this information?

Agood use was being made of natural resources
Bproduction was likely to involve skilled labour
Cthe GDP in these countries was likely to be underestimated
Dthere was no need to import food because the population was self-sufficient

✓ Correct answer

C: the GDP in these countries was likely to be underestimated

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About this question

Topic
Economic development, O-Level Economics (syllabus 2281). Multiple choice, 1 mark.
Source
O-Level Economics, May/June 2015 Paper 1 Variant 2, question 24.

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