Question 1

One of the greatest challenges with foreign aid today is:

Accepted Answer

A)   finding ways to ensure the aid is going to the best possible uses.
B)   raising enough aid to make a concrete difference in development measurements.
C)   that it tends to lower interest rates, discouraging foreign savings.
D)   that foreign aid money is often tied to high interest loans.E) C) and D)
F) A) and D)

Question 2

According to research, which of the following is one of the most effective ways to increase school attendance?

Accepted Answer

A)   Providing students with textbooks
B)   Offering families cash payments to send their children to school
C)   Providing families with school uniforms
D)   Providing information about the benefits of schoolE) All of the above
F) A) and D)

Question 3

A financing gap is:

Accepted Answer

A)   the difference between an economy's savings rate and the amount of investment needed to achieve sustainable growth.
B)   the extra savings a country has beyond that needed to achieve sustainable growth.
C)   the difference between the amount of investment dollars coming into a country and the amount of investment dollars going out of the country.
D)   the extra investment developing countries need in foreign aid to sustain their current rate of growth.E) C) and D)
F) A) and C)

Question 4

Most wealthy governments give aid through:

Accepted Answer

A)   their central banks.
B)   the United Nations.
C)   the Peace Corps.
D)   national development agencies.E) A) and B)
F) C) and D)

Question 5

Economists like Hernando de Soto feel that a _______ is the key to economic development.

Accepted Answer

A)   strong national defense
B)   strong currency
C)   strong titling system
D)   stable currencyE) None of the above
F) A) and B)

Question 6

Economic growth is _______ improved health conditions in a nation.

Accepted Answer

A)   always needed for
B)   not necessarily needed for
C)   always more important than
D)   negatively related toE) All of the above
F) None of the above

Question 7

Most development economists agree that the most basic and important task of any government is to:

Accepted Answer

A)   create a stable political system.
B)   provide a national health care system.
C)   maintain a stable currency.
D)   ensure basic education for all citizens.E) A) and B)
F) A) and C)

Question 8

The table shown provides economic development data for a set of countries.  Which country has the highest economic development?

Accepted Answer

A)   Ghana
B)   Italy
C)   Brazil
D)   GermanyE) None of the above
F) All of the above

Question 9

Property rights and a strong titling system are seen as important to economic development because they allow:

Accepted Answer

A)   loans to be taken out against the equity of their assets, increasing investment.
B)   loans to be taken out without risk, increasing the quality, but not quantity, of investment.
C)   savers to invest in property and capital.
D)   governments to charge higher tax rates on untitled property.E) All of the above
F) A) and B)

Question 10

Impact investing takes a _______ approach to economic development.

Accepted Answer

A)   political
B)   trade-centered
C)   business
D)   human capitalE) None of the above
F) B) and D)

Question 11

National health insurance programs:

Accepted Answer

A)   can increase the use of health clinics over traditional village doctors, who often have no medical training.
B)   are usually too costly for developing nations to implement.
C)   have solved the problem of providing high-quality care in places like India.
D)   are always less efficient than privatized programs.E) B) and D)
F) C) and D)

Question 12

In her book "Dead Aid," Dambisa Moyo argues that:

Accepted Answer

A)   developed countries should give more in aid to developing countries.
B)   foreign aid distorts the marketplace and actually hurts local economies.
C)   the intended recipients of foreign aid rarely receive it and often don't know how to use it efficiently.
D)   None of these are true.E) None of the above
F) A) and B)

Question 13

Impact investing involves investing money in:

Accepted Answer

A)   the majority of firms within a certain industry to have an overall impact.
B)   the economies with the largest finance gap.
C)   firms to generate both financial and social returns.
D)   None of these are true.E) B) and C)
F) A) and B)

Question 14

In place of import substitution, some Asian countries have instead:

Accepted Answer

A)   supported export-led growth.
B)   focused on developing agricultural production.
C)   restricted trade to mostly occur with other Asian countries.
D)   practiced extensive quantitative easing.E) None of the above
F) C) and D)

Question 15

The table shown provides economic development data for a country from 1990-2020.  Which decade experienced the least amount of economic development?

Accepted Answer

A)   1980 - 1989
B)   1990 - 1999
C)   2000 - 2009
D)   2010 - 2019E) C) and D)
F) A) and B)

Question 16

A poverty trap:

Accepted Answer

A)   occurs when poor nations save "too much."
B)   is a self-reinforcing mechanism that causes the poor to stay poor.
C)   occurs when nations devote too much of the budget to foreign aid and not enough to domestic poverty.
D)   is the legislative struggle that occurs when passing poverty-reducing legislation.E) All of the above
F) None of the above

Question 17

Which multinational organization is dedicated to providing financial and technical assistance to developing countries?

Accepted Answer

A)   The World Bank
B)   The Abdul Latif Jameel Poverty Action Lab
C)   The Peace Corps
D)   The Monterey Conference on Financing for DevelopmentE) B) and C)
F) All of the above

Question 18

Bangladesh has had success with:

Accepted Answer

A)   clustering the textile industry.
B)   clustering the fishing industry.
C)   supporting export-led growth policy.
D)   supporting import substitution policy.E) C) and D)
F) All of the above

Question 19

Remittances are:

Accepted Answer

A)   money paid to immigrants from hosting countries.
B)   money sent home from immigrants working abroad.
C)   money paid to immigrants that is not domestically taxed.
D)   money immigrants receive from their new government after immigrating.E) A) and B)
F) C) and D)

Question 20

Development economics focuses on how countries can promote:

Accepted Answer

A)   health and education.
B)   sound monetary policy and education.
C)   health and fiscal policy.
D)   sound monetary and fiscal policy.E) C) and D)
F) A) and C)

Exam 19: Developmenteconomics

Development economics focuses on how countries can promote:

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One of the greatest challenges with foreign aid today is:

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Impact investing involves investing money in:

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According to research, which of the following is one of the most effective ways to increase school attendance?

Correct AnswerverifiedShow Answer

Property rights and a strong titling system are seen as important to economic development because they allow:

Correct AnswerverifiedShow Answer

A poverty trap:

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Remittances are:

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A financing gap is:

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The table shown provides economic development data for a country from 1990-2020. Which decade experienced the least amount of economic development?

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The table shown provides economic development data for a set of countries. Which country has the highest economic development?

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Impact investing takes a _______ approach to economic development.

Correct AnswerverifiedShow Answer

Which multinational organization is dedicated to providing financial and technical assistance to developing countries?

Correct AnswerverifiedShow Answer

Most wealthy governments give aid through:

Correct AnswerverifiedShow Answer

Economic growth is _______ improved health conditions in a nation.

Correct AnswerverifiedShow Answer

Most development economists agree that the most basic and important task of any government is to:

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In her book "Dead Aid," Dambisa Moyo argues that:

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National health insurance programs:

Correct AnswerverifiedShow Answer

Bangladesh has had success with:

Correct AnswerverifiedShow Answer

In place of import substitution, some Asian countries have instead:

Correct AnswerverifiedShow Answer

Economists like Hernando de Soto feel that a _______ is the key to economic development.

Correct AnswerverifiedShow Answer

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