Question 1

The Gini coefficient provides a measure of

Accepted Answer

A)  the level of poverty. 
B)  the level of relative inequality. 
C)  disguised unemployment. 
D)  the rate of growth. 
A)  the level of poverty. 
B)  the level of relative inequality. 
C)  disguised unemployment. 
D)  the rate of growth.

Question 2

"The 1980s were a lost decade for the absolutely poor." Evaluate this statement.

Accepted Answer

The statement that "The 1980s were a los

Question 3

What is the Multidimensional Poverty Index and how is it a more improved measure of poverty?

Accepted Answer

The MPI identifies the poor at the house

Question 4

Using a Lorenz curve diagram, explain how to calculate the Gini coefficient.

Accepted Answer

To calculate the Gini coefficient using

Question 5

The 2002 World Development Report provides the following information for Colombia and Thailand:
 $\begin{array}{ccccccc}
&
\begin{array}{c}
\
\
\text { Per Capita } \
\text { GDP (\$) }
\end{array} & \begin{array}{c}
\
Per Capita\
\text { GDP } \
\text { (PPP \$) }
\end{array} & \begin{array}{c}
Population\
below ~National\
\text { Poverty Line } \
(\%)
\end{array} & \begin{array}{c}
Population\
below\
\text { \$1 Day PPP } \
(\%)
\end{array} & \begin{array}{c}
Poverty\
Gap ~at\
\text { \$1 Day } \
\text { PPP (\%) }
\end{array} & \begin{array}{c}
\
\
\text { Gini } \
\text { Index }
\end{array} \
\hline
Colombia&2080 & 5890 & 17.7 & 11.0 & 3.2 & 57.1 \
Thailand&2010 & 6330 & 13.1 & <2 & <0.5 & 41.4\
\hline
\end{array}$ 
(a) Explain carefully what each of the entries in the final four columns of this table measures.What concepts are being presented and what is their importance to economic development?

Accepted Answer

The student is asked to commen

Question 6

Discuss the benefits of using a "poverty weighted" index of GNP growth as a measure of social welfare as opposed to using the growth in GNP to measure change in social welfare.

Accepted Answer

Students should refer specific

Question 7

The absolute poverty line

Accepted Answer

A)  decreases as real income grows. 
B)  shows the average income of the lowest income group. 
C)  can be measured with the Lorenz curve. 
D)  none of the above. 
A)  decreases as real income grows. 
B)  shows the average income of the lowest income group. 
C)  can be measured with the Lorenz curve. 
D)  none of the above.

Question 8

What are the characteristics of the poor (be specific)?

Accepted Answer

The answer of What are the characteristics of the poor...

Question 9

The number of people in the world who are absolutely poor is closest to

Accepted Answer

A)  a quarter-billion. 
B)  a half-billion. 
C)  one and a half billion. 
D)  two billion. 
E)  four billion. 
A)  a quarter-billion. 
B)  a half-billion. 
C)  one and a half billion. 
D)  two billion. 
E)  four billion.

Question 10

Just what is it that makes a technology "appropriate" for a developing country?

Accepted Answer

The answer of Just what is it that makes a...

Question 11

Increasing GNP is a necessary but not a sufficient condition for improving living standards in less developed countries.True or false, explain.

Accepted Answer

A) True 
 B)False

Question 12

About what percent of the world's poorest people are female?

Accepted Answer

A)  30 
B)  50 
C)  70 
D)  90 
A)  30 
B)  50 
C)  70 
D)  90

Question 13

Distribution of income according to percentiles, such as the highest 40% or lowest 20% is known as the _______________ distribution of income.

Accepted Answer

A)  size 
B)  functional 
C)  GNP-weighted 
D)  equal-weighted 
A)  size 
B)  functional 
C)  GNP-weighted 
D)  equal-weighted

Question 14

Explain why a Lorenz curve can never lie to the left or above the 45 degree line.

Accepted Answer

It is constructed by ordering

Question 15

Higher income countries tend to have lower levels of absolute poverty because

Accepted Answer

A)  more employment opportunities 
B)  more public assistance 
C)  greater entrepreneurship opportunities. 
D)  all of the above. 
A)  more employment opportunities 
B)  more public assistance 
C)  greater entrepreneurship opportunities. 
D)  all of the above.

Question 16

About how many people are living in extreme poverty in the world? Which regions have the greatest percentages of people living in extreme poverty?

Accepted Answer

There are various estimates, including t

Question 17

Why are about 100 million girls and women said to be "missing" in developing countries?

Accepted Answer

This is the number of females that would

Question 18

Discuss the reasons why developing countries so often use a technology with an excessively high capital labor ratio.

Accepted Answer

Factor price distort

Question 19

Brazil's growth rate during the 1960's was 6.0% when poverty weights were used to evaluate growth, compared with 8.2% when GNP weights were used to evaluate growth.One can conclude from these numbers that

Accepted Answer

A)  average income growth was greater for poor households than for rich households. 
B)  average income growth was greater for rich households than for poor households. 
C)  more and more households were falling below the poverty line. 
D)  the size distribution of income was getting worse. 
A)  average income growth was greater for poor households than for rich households. 
B)  average income growth was greater for rich households than for poor households. 
C)  more and more households were falling below the poverty line. 
D)  the size distribution of income was getting worse.

Question 20

Poverty is better studied with size distribution measures than those based on factor distribution because

Accepted Answer

A)  labor income may be highly concentrated in well-paid modern sector workers. 
B)  some poor farmers may receive a sizable share of income in rent. 
C)  income from nonmarket activities such as foraging may be important. 
D)  all of the above. 
A)  labor income may be highly concentrated in well-paid modern sector workers. 
B)  some poor farmers may receive a sizable share of income in rent. 
C)  income from nonmarket activities such as foraging may be important. 
D)  all of the above.

The Gini coefficient provides a measure of

"The 1980s were a lost decade for the absolutely poor." Evaluate this statement.

What is the Multidimensional Poverty Index and how is it a more improved measure of poverty?

Using a Lorenz curve diagram, explain how to calculate the Gini coefficient.

Discuss the benefits of using a "poverty weighted" index of GNP growth as a measure of social welfare as opposed to using the growth in GNP to measure change in social welfare.

The absolute poverty line

What are the characteristics of the poor (be specific)?

The number of people in the world who are absolutely poor is closest to

Just what is it that makes a technology "appropriate" for a developing country?

Increasing GNP is a necessary but not a sufficient condition for improving living standards in less developed countries.True or false, explain.

About what percent of the world's poorest people are female?

Distribution of income according to percentiles, such as the highest 40% or lowest 20% is known as the _______________ distribution of income.

Explain why a Lorenz curve can never lie to the left or above the 45 degree line.

Higher income countries tend to have lower levels of absolute poverty because

About how many people are living in extreme poverty in the world? Which regions have the greatest percentages of people living in extreme poverty?

Why are about 100 million girls and women said to be "missing" in developing countries?

Discuss the reasons why developing countries so often use a technology with an excessively high capital labor ratio.

Brazil's growth rate during the 1960's was 6.0% when poverty weights were used to evaluate growth, compared with 8.2% when GNP weights were used to evaluate growth.One can conclude from these numbers that

Poverty is better studied with size distribution measures than those based on factor distribution because

Introducing Economic Development: a Global Perspective

Comparative Economic Development

Classic Theories of Economic Growth and Development

Contemporary Models of Development and Underdevelopment

Population Growth and Economic Development: Causes, Consequences, and Controversies

Urbanization and Rural-Urban Migration: Theory and Policy

Human Capital: Education and Health in Economic Development

Agricultural Transformation and Rural Development

The Environment and Development

Development Policymaking and the Roles of Market, State, and Civil Society

International Trade Theory and Development Strategy

Balance of Payments, Debt, Financial Crises, and Stabilization Policies

Foreign Finance, Investment, and Aid: Controversies and Opportunities

Finance and Fiscal Policy for Development

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Exam 5: Poverty, Inequality, and Development

The Gini coefficient provides a measure of

"The 1980s were a lost decade for the absolutely poor." Evaluate this statement.

What is the Multidimensional Poverty Index and how is it a more improved measure of poverty?

Using a Lorenz curve diagram, explain how to calculate the Gini coefficient.

Discuss the benefits of using a "poverty weighted" index of GNP growth as a measure of social welfare as opposed to using the growth in GNP to measure change in social welfare.

The absolute poverty line

What are the characteristics of the poor (be specific)?

The number of people in the world who are absolutely poor is closest to

Just what is it that makes a technology "appropriate" for a developing country?

Increasing GNP is a necessary but not a sufficient condition for improving living standards in less developed countries.True or false, explain.

About what percent of the world's poorest people are female?

Distribution of income according to percentiles, such as the highest 40% or lowest 20% is known as the _______________ distribution of income.

Explain why a Lorenz curve can never lie to the left or above the 45 degree line.

Higher income countries tend to have lower levels of absolute poverty because

About how many people are living in extreme poverty in the world? Which regions have the greatest percentages of people living in extreme poverty?

Why are about 100 million girls and women said to be "missing" in developing countries?

Discuss the reasons why developing countries so often use a technology with an excessively high capital labor ratio.

Brazil's growth rate during the 1960's was 6.0% when poverty weights were used to evaluate growth, compared with 8.2% when GNP weights were used to evaluate growth.One can conclude from these numbers that

Poverty is better studied with size distribution measures than those based on factor distribution because

Introducing Economic Development: a Global Perspective

Comparative Economic Development

Classic Theories of Economic Growth and Development

Contemporary Models of Development and Underdevelopment

Population Growth and Economic Development: Causes, Consequences, and Controversies

Urbanization and Rural-Urban Migration: Theory and Policy

Human Capital: Education and Health in Economic Development

Agricultural Transformation and Rural Development

The Environment and Development

Development Policymaking and the Roles of Market, State, and Civil Society

International Trade Theory and Development Strategy

Balance of Payments, Debt, Financial Crises, and Stabilization Policies

Foreign Finance, Investment, and Aid: Controversies and Opportunities

Finance and Fiscal Policy for Development

Filters