Exam 16: Agriculture and Development

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According to the Food and Agricultural Organization (FAO)of the United Nations,high food prices in 2008 pushed how many additional people into hunger?

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IDs and Paired-Concept Questions These terms can be used individually as short-answer identification questions, or they can be used in pairs. In the latter case, ask students to explain (1) the meaning and significance of each of the two terms and (2) the relationship between them. -Diminishing returns,labor surplus

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Disguised unemployment refers to:

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IDs and Paired-Concept Questions These terms can be used individually as short-answer identification questions, or they can be used in pairs. In the latter case, ask students to explain (1) the meaning and significance of each of the two terms and (2) the relationship between them. -Subsistence level,institutionally fixed wage

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These two basic assumptions of David Ricardo have played an important role in two-sector models:

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