Exam 19: Economic Development
Exam 1: The Art and Science of Economic Analysis150 Questions
Exam 2: Some Tools of Economic Analysis157 Questions
Exam 3: Economic Decision Makers174 Questions
Exam 4: Demand, Supply, and Markets151 Questions
Exam 5: Introduction to Macroeconomics151 Questions
Exam 6: Tracking the U S Economy149 Questions
Exam 7: Unemployment and Inflation150 Questions
Exam 8: Us Productivity and Growth150 Questions
Exam 9: Aggregate Demand150 Questions
Exam 10: Aggregate Supply150 Questions
Exam 11: Fiscal Policy151 Questions
Exam 12: Federal Budgets and Public Policy153 Questions
Exam 13: Money and the Financial System150 Questions
Exam 14: Banking and the Money Supply150 Questions
Exam 15: Monetary Theory and Policy150 Questions
Exam 16: The Policy Debate: Active or Passive150 Questions
Exam 17: International Trade150 Questions
Exam 18: International Finance150 Questions
Exam 19: Economic Development150 Questions
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In 2014,high-income economies with only about one-fifth of the world's population produced more than half of the world's output.
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(True/False)
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Correct Answer:
True
Education makes people more receptive to new ideas and methods and contributes to ready acceptance of technology.
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(True/False)
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Correct Answer:
True
In some developing countries,the standard of living,as measured by per capita income,has declined because:
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(Multiple Choice)
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Correct Answer:
A
Most developing countries rely on foreign financing because:
(Multiple Choice)
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The average value added per U.S.farm worker is about _____ times that of farm workers in low- and middle-income countries.
(Multiple Choice)
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Erbia,a small developing country,needs funds to develop their communication networks.Erbia is likely to approach _____ for assistance.
(Multiple Choice)
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Laws,customs,conventions,and other institutional elements that sustain an economy fall under the category of:
(Multiple Choice)
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Developing countries need to trade with developed countries because:
(Multiple Choice)
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Which of the following is not true for banks in developing countries?
(Multiple Choice)
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Which of the following is at the end of the production chain that a typical economy moves up along?
(Multiple Choice)
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Throughout the world,poverty is found to be greater among men than women.
(True/False)
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Which of the following resources is necessary to efficiently combine other resources to produce goods and services?
(Multiple Choice)
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Which of the following group of countries is most likely to have a high number of telephone lines per 1,000 people?
(Multiple Choice)
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When foreign aid is tied to purchases of low-priced food from the donor country,farm prices can drop in developing countries,hurting poor farmers.
(True/False)
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Poor economies tend to have high education levels and high literacy rates.
(True/False)
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Under the U.S.Food for Peace program,the availability of low-priced food from abroad hurt the farmers of developing countries because _____ in those countries.
(Multiple Choice)
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