Question 1

In general,each additional year of schooling is worth about:

Accepted Answer

A)  10 percent more in overall earnings over the course of a lifetime.
B)  5 percent more in overall earnings over the course of a lifetime.
C)  25 percent more in overall earnings over the course of a lifetime.
D)  50 percent more in overall earnings over the course of a lifetime.E) None of the above
F) B) and D)

Question 2

According to the Gallup World Values Survey,40 percent of those living in the poorest quartile of countries would like to:

Accepted Answer

A)  get more education.
B)  receive more aid.
C)  trade freely.
D)  emigrate.E) None of the above
F) A) and B)

Question 3

Democracy is ______________ to economic growth.

Accepted Answer

A)  clearly linked and is essential
B)  clearly linked and is not essential
C)  not so clearly linked,yet seems to be essential
D)  not so clearly linked and does not seem to be essentialE) All of the above
F) B) and D)

Question 4

Over the 1980 and 1990s,countries that were given large amounts of aid:

Accepted Answer

A)  experienced growth of 1 percent regardless of the policy in place.
B)  saw GDP shrink by 1 percent regardless of the policy in place.
C)  saw GDP shrink by 1 percent even if they had sound policy in place.
D)  None of these statements is true.E) B) and C)
F) A) and C)

Question 5

In response to Economist Jeffrey Sachs' big push theory:

Accepted Answer

A)  NATO funded 13 Millennium Villages.
B)  the U.S.funded half of NATO's village project.
C)  the UN developed 8 Millennium Development Goals.
D)  All of these statements are true.E) B) and C)
F) A) and D)

Question 6

Over the past 50 years,the amount given in aid has __________ in dollar terms,___________ in terms of aid as a share of GDP.

Accepted Answer

A)  increased;but has steadily fallen
B)  increased;as well as increased
C)  decreased;but has increased
D)  decreased;and has steadily fallenE) B) and C)
F) None of the above

Question 7

The institution that monitors and enforces trade agreements and promotes free trade is:

Accepted Answer

A)  the World Bank.
B)  UNICEF.
C)  the World Trade Organization.
D)  the National Alliance Trade Organization.E) B) and D)
F) A) and B)

Question 8

National health care programs are not as effective as they could be because:

Accepted Answer

A)  public health care clinics often run out of important drugs.
B)  traditional Western medicine is largely untrusted in most parts of the developing world.
C)  many doctors in clinics do not have sufficient knowledge to properly diagnose patients.
D)  All of these statements are true.E) None of the above
F) C) and D)

Question 9

Rwanda is a clear example of a country that has:

Accepted Answer

A)  achieved economic growth only after a democratic regime was in place.
B)  achieved economic growth without a democratic regime.
C)  failed to achieve economic growth without a democratic regime.
D)  failed to achieve economic growth,despite having a democratic regime.E) A) and D)
F) None of the above

Question 10

Wealthy countries increasingly feel that trade:

Accepted Answer

A)  is sometimes acting as a barrier to poorer countries' development.
B)  is an effective political tool to use against poorer countries.
C)  can sometimes be a more powerful lever than aid to help poorer countries develop.
D)  can help poorer countries development,but hurt their overall growth.E) All of the above
F) B) and D)

Question 11

One great challenge to choosing programs to fund is:

Accepted Answer

A)  knowing whether the program is truly the cause of any observed improvement.
B)  raising the revenue to assess a program's viability.
C)  poor record keeping.
D)  All of these present large challenges.E) A) and C)
F) None of the above

Question 12

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,not quantity,of investment.
C)  savers to invest in property and capital.
D)  None of these statements is true.E) B) and C)
F) A) and C)

Question 13

National health care programs are not as effective as they could be because:

Accepted Answer

A)  health care providers tend to have a high absentee rate.
B)  public health care clinics often run out of important drugs.
C)  doctors often diagnose below their knowledge frontier.
D)  All of these statements are true.E) None of the above
F) A) and B)

Question 14

The capabilities approach allows us to focus on issues of:

Accepted Answer

A)  poverty,inequality,and human development.
B)  income,poverty,and economic growth.
C)  human development,capital development,and technological progress.
D)  personal happiness,individual pleasure,and pain avoidance.E) C) and D)
F) None of the above

Question 15

Remittances refers to:

Accepted Answer

A)  money paid to immigrants from hosting countries.
B)  money sent home from immigrants working abroad.
C)  the portion of money paid to immigrants that is not domestically taxed.
D)  None of these statements is true.E) A) and B)
F) C) and D)

Question 16

The newest challenge for development economists is:

Accepted Answer

A)  increasing availability of education to children.
B)  increasing the quality of education to children.
C)  increasing the availability of college education.
D)  increasing the consistency of education across countries.E) B) and D)
F) A) and B)

Question 17

Economists estimate that decreasing barriers to migration by just 5 percent will:

Accepted Answer

A)  decrease economic welfare of receiving countries by trillions of dollars.
B)  decrease economic welfare of the countries that would lose their citizens to richer countries by trillions of dollars.
C)  decrease economic welfare of receiving countries by more than 5 percent.
D)  increase economic welfare by more than lifting restrictions on capital mobility in their entirety.E) C) and D)
F) B) and D)

Question 18

It's impossible to sustain economic growth or development in the absence of:

Accepted Answer

A)  a rule of law.
B)  improvements in education.
C)  membership to world organizations,like the United Nations.
D)  All of these are essential to sustainable growth and development.E) A) and B)
F) All of the above

Question 19

The main conclusion drawn from the criticisms around foreign aid is:

Accepted Answer

A)  trade should be encouraged instead of aid.
B)  aid should no longer exist,as it is an inefficient use of dollars.
C)  more accountable means of distribution and program evaluation are needed.
D)  immigration policies should be loosened and aid should be halted.E) B) and C)
F) C) and D)

Question 20

Good governance is:

Accepted Answer

A)  important to economic growth,but not to economic development.
B)  important to both economic growth and development.
C)  important to economic development,but not to economic growth.
D)  not important to either economic growth or development.E) All of the above
F) B) and C)

Exam 35: Development Economics

The newest challenge for development economists is:

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The capabilities approach allows us to focus on issues of:

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In response to Economist Jeffrey Sachs' big push theory:

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Remittances refers to:

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National health care programs are not as effective as they could be because:

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It's impossible to sustain economic growth or development in the absence of:

Correct AnswerverifiedShow Answer

Economists estimate that decreasing barriers to migration by just 5 percent will:

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Democracy is ______________ to economic growth.

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The main conclusion drawn from the criticisms around foreign aid is:

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In general,each additional year of schooling is worth about:

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Rwanda is a clear example of a country that has:

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Good governance is:

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National health care programs are not as effective as they could be because:

Correct AnswerverifiedShow Answer

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

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Over the 1980 and 1990s,countries that were given large amounts of aid:

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Wealthy countries increasingly feel that trade:

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The institution that monitors and enforces trade agreements and promotes free trade is:

Correct AnswerverifiedShow Answer

One great challenge to choosing programs to fund is:

Correct AnswerverifiedShow Answer

Over the past 50 years,the amount given in aid has __________ in dollar terms,___________ in terms of aid as a share of GDP.

Correct AnswerverifiedShow Answer

According to the Gallup World Values Survey,40 percent of those living in the poorest quartile of countries would like to:

Correct AnswerverifiedShow Answer

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Over the past 50 years,the amount given in aid has in dollar terms,_ in terms of aid as a share of GDP.

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