Question 1

What are remittances and what role do they in developing countries? How could this potentially benefit an economy?

Accepted Answer

An answer should pose a definition, ment...

Question 2

About how many malnourished children under age five are there in the developing world?

Accepted Answer

A)  20 million
B)  150 million
C)  500 million
D)   1 billion
E)   2 billionF) All of the above
G) None of the above

Question 3

Most successful examples of modern economic growth have occurred in a country with

Accepted Answer

A)  a temperate-zone climate.
B)  a market economy.
C)  exports of manufactured goods.
D)   all of the above.E) A) and C)
F) A) and B)

Question 4

Which region in the world has the lowest GNI per capita based on the World Bank Atlas method?

Accepted Answer

A)  Sub-Saharan Africa
B)  East Asia/Pacific
C)  South Asia
D)   Latin America/The CaribbeanE) All of the above
F) A) and D)

Question 5

If countries are first ranked by level of real GDP per capita, and then by the value of the Human Development Index, would you expect the ranking of countries to be similar or different? Explain.

Accepted Answer

The final column F1 in the Hum...

Question 6

How is poverty measured? What is the extent of poverty in the developing world?

Accepted Answer

The concept of absolute poverty is discu...

Question 7

Neutral technological progress occurs when

Accepted Answer

A)  higher output levels are achieved with the same quantity and combinations of factor inputs.
B)  higher output levels are achieved by more capital intensive methods.
C)  higher output levels are achieved by more labor intensive methods.
D)   higher output levels are achieved.E) None of the above
F) C) and D)

Question 8

What fraction of developing countries have recently experienced some form of significant interethnic conflict?

Accepted Answer

A)  less than one-tenth
B)  a tenth to one-quarter
C)  one quarter to one half
D)   over one halfE) All of the above
F) A) and B)

Question 9

Which of the following is a low-income country?

Accepted Answer

A)  Mexico
B)  Thailand
C)  Turkey
D)   IndiaE) A) and C)
F) None of the above

Question 10

A newly industrialized country is

Accepted Answer

A)  the same as a high income country.
B)  any country that has experienced sustained growth in industry.
C)  a special classification given to some upper-middle income countries that have?achieved relatively advanced manufacturing sectors.
D)   any country that has moved out of lower income status.E) None of the above
F) A) and B)

Question 11

Which of the following is not an indicator that is used by the World Bank in measuring the level?of economic development?

Accepted Answer

A)  life expectancy at birth.
B)  adult literacy rate.
C)  infant mortality rate.
D)   all of the above are not used by the World Bank.E) C) and D)
F) A) and B)

Question 12

What are the three main indicators that make up the Human Development Index?

Accepted Answer

Life expectancy, edu...

Question 13

Developing countries are starting to converge with developed countries in the long run in what respect?

Accepted Answer

A)  Growth rate
B)  Income inequality
C)  Population
D)   Per capita incomeE) A) and D)
F) C) and D)

Question 14

Which measure uses a common set of international prices for all goods and services produced?

Accepted Answer

A)  purchasing power parity income levels
B)  GNP price deflators
C)  foreign exchange rate conversions to U.S.dollars
D)   the exchange rateE) C) and D)
F) A) and C)

Question 15

The dependency burden is

Accepted Answer

A)  a measure of the degree to which the less developed countries are dependent on the rich industrial countries.
B)  the average number of children that a woman gives birth to during her lifetime.
C)  the number of babies born per 1000 persons.
D)   the percent of the population that is below 15 and above 65 years of age.E) A) and B)
F) A) and C)

Question 16

Conditions of today's developed countries at the start of their industrialization differ from conditions in the developing world in that

Accepted Answer

A)  population growth rates were higher.
B)  more advanced technology was available.
C)  there were more opportunities for development assistance.
D)   none of the above.E) A) and B)
F) A) and C)

Question 17

About how many people lack access to basic sanitation?

Accepted Answer

A)  20 million
B)  200 million
C)  500 million
D)   1 billion
E)   2 billionF) B) and D)
G) A) and E)

Question 18

Carefully explain some of the similar problems faced by otherwise diverse countries in Africa, Asia, and Latin America.

Accepted Answer

This calls for stude...

Question 19

What are the three major components of economic growth?

Accepted Answer

Capital accumulation...

Exam 2: Comparative Economic Development

Neutral technological progress occurs when

Correct Answer
verified

If countries are first ranked by level of real GDP per capita, and then by the value of the Human Development Index, would you expect the ranking of countries to be similar or different? Explain.

Correct Answer
verified
The final column F1 in the Hum...
View Answer

Which of the following is a low-income country?

Correct Answer
verified

What are the three main indicators that make up the Human Development Index?

Correct Answer
verified
Life expectancy, edu...
View Answer

Which measure uses a common set of international prices for all goods and services produced?

Correct Answer
verified

Carefully explain some of the similar problems faced by otherwise diverse countries in Africa, Asia, and Latin America.

Correct Answer
verified
This calls for stude...
View Answer

Conditions of today's developed countries at the start of their industrialization differ from conditions in the developing world in that

Correct Answer
verified

The dependency burden is

Correct Answer
verified

Which region in the world has the lowest GNI per capita based on the World Bank Atlas method?

Correct Answer
verified

How is poverty measured? What is the extent of poverty in the developing world?

Correct Answer
verified
The concept of absolute poverty is discu...
View Answer

Most successful examples of modern economic growth have occurred in a country with

Correct Answer
verified

A newly industrialized country is

Correct Answer
verified

What are remittances and what role do they in developing countries? How could this potentially benefit an economy?

Correct Answer
verified
An answer should pose a definition, ment...
View Answer

What are the three major components of economic growth?

Correct Answer
verified
Capital accumulation...
View Answer

Developing countries are starting to converge with developed countries in the long run in what respect?

Correct Answer
verified

About how many malnourished children under age five are there in the developing world?

Correct Answer
verified

What fraction of developing countries have recently experienced some form of significant interethnic conflict?

Correct Answer
verified

Which of the following is not an indicator that is used by the World Bank in measuring the level?of economic development?

Correct Answer
verified

About how many people lack access to basic sanitation?

Correct Answer
verified

Exam 2: Comparative Economic Development

Neutral technological progress occurs when

Correct AnswerverifiedShow Answer

If countries are first ranked by level of real GDP per capita, and then by the value of the Human Development Index, would you expect the ranking of countries to be similar or different? Explain.

Correct AnswerverifiedThe final column F1 in the Hum...View AnswerShow Answer

Which of the following is a low-income country?

Correct AnswerverifiedShow Answer

What are the three main indicators that make up the Human Development Index?

Correct AnswerverifiedLife expectancy, edu...View AnswerShow Answer

Which measure uses a common set of international prices for all goods and services produced?

Correct AnswerverifiedShow Answer

Carefully explain some of the similar problems faced by otherwise diverse countries in Africa, Asia, and Latin America.

Correct AnswerverifiedThis calls for stude...View AnswerShow Answer

Conditions of today's developed countries at the start of their industrialization differ from conditions in the developing world in that

Correct AnswerverifiedShow Answer

The dependency burden is

Correct AnswerverifiedShow Answer

Which region in the world has the lowest GNI per capita based on the World Bank Atlas method?

Correct AnswerverifiedShow Answer

How is poverty measured? What is the extent of poverty in the developing world?

Correct AnswerverifiedThe concept of absolute poverty is discu...View AnswerShow Answer

Most successful examples of modern economic growth have occurred in a country with

Correct AnswerverifiedShow Answer

A newly industrialized country is

Correct AnswerverifiedShow Answer

What are remittances and what role do they in developing countries? How could this potentially benefit an economy?

Correct AnswerverifiedAn answer should pose a definition, ment...View AnswerShow Answer

What are the three major components of economic growth?

Correct AnswerverifiedCapital accumulation...View AnswerShow Answer

Developing countries are starting to converge with developed countries in the long run in what respect?

Correct AnswerverifiedShow Answer

About how many malnourished children under age five are there in the developing world?

Correct AnswerverifiedShow Answer

What fraction of developing countries have recently experienced some form of significant interethnic conflict?

Correct AnswerverifiedShow Answer

Which of the following is not an indicator that is used by the World Bank in measuring the level?of economic development?

Correct AnswerverifiedShow Answer

About how many people lack access to basic sanitation?

Correct AnswerverifiedShow Answer

Correct Answer
verified

Correct Answer
verified
The final column F1 in the Hum...
View Answer

Correct Answer
verified

Correct Answer
verified
Life expectancy, edu...
View Answer

Correct Answer
verified

Correct Answer
verified
This calls for stude...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
The concept of absolute poverty is discu...
View Answer

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
An answer should pose a definition, ment...
View Answer

Correct Answer
verified
Capital accumulation...
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Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
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