Exam 38: Macro Policy in Developing Countries

An increase in per capita income is guaranteed by:

Developing countries place:

The lack of investment in developing countries is at least in part attributable to:

If political instability and corruption could be eliminated, economic growth would increase in most developing countries.

The expectation of greater inflation resulting from the government's creation of money often results in a:

Most of the world's population lives in developed, rather than developing, countries.

The balance of payments constraint refers to the limits on:

In developing countries, government expenditure levels are most closely related to:

Developing countries, like many developed countries, have a dual economy.

If government expenditures exceed tax receipts in a developing country, the government is most likely to:

What three ways do developed countries differ from developing countries? Briefly explain your answer.

If central banks could not create money, developing countries:

The United Nations, in its annual publication of the Human Development Report, computes what it calls the human development index. If the purpose of this index is to measure development rather than growth, which of the following factors is most likely to be included in it?

If a developing country makes its currency fully convertible, it runs the risk of having too:

In a dual economy with limited currency convertibility:

A regime change is a change in:

The dual nature of most developing countries implies that:

With full exchange rate convertibility, individuals can:

Developing economies:

According to most economists, the development of markets is: