Question 1

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

Accepted Answer

Examined i

Question 2

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 3

About how many girls and women are said to be "missing" in LDCs?

Accepted Answer

A) 2 million 
B) 20 million 
C) 100 million 
D) 2 billion 
A) 2 million 
B) 20 million 
C) 100 million 
D) 2 billion

Question 4

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 5

Which of the following policies might increase labor intensity in industry?

Accepted Answer

A) a decline in the cost of credit 
B) a decline in the minimum wage rate 
C) a decline in the elasticity of substitution 
D) all of the above. 
A) a decline in the cost of credit 
B) a decline in the minimum wage rate 
C) a decline in the elasticity of substitution 
D) all of the above.

Question 6

With modern sector enrichment growth,inequality will

Accepted Answer

A) first rise and then fall. 
B) first fall and then rise. 
C) remain about the same. 
D) none of the above. 
A) first rise and then fall. 
B) first fall and then rise. 
C) remain about the same. 
D) none of the above.

Question 7

The functional distribution of income refers to the distribution of income between

Accepted Answer

A) individuals or households. 
B) rural individuals or households. 
C) urban individuals or households. 
D) the factors of production (land,labor and capital). 
A) individuals or households. 
B) rural individuals or households. 
C) urban individuals or households. 
D) the factors of production (land,labor and capital).

Question 8

The poverty gap is the

Accepted Answer

A) absolute number of people below the international poverty line. 
B) percentage of the population below the international poverty line. 
C) consumption (measured in dollars)necessary to bring everyone below the poverty line up to the line. 
D) percentage of a country's total consumption necessary to bring everyone in the country below the poverty line up to the line. 
A) absolute number of people below the international poverty line. 
B) percentage of the population below the international poverty line. 
C) consumption (measured in dollars)necessary to bring everyone below the poverty line up to the line. 
D) percentage of a country's total consumption necessary to bring everyone in the country below the poverty line up to the line.

Question 9

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

Accepted Answer

Answers will vary.Yo

Question 10

Distinguish between economic growth by modern sector enlargement,modern sector enrichment and traditional sector enrichment.For each of the three cases,show what happens to absolute poverty and to relative inequality,using a precise measure of each.

Accepted Answer

Students may use either the he

Question 11

Kuznets' inverted-U hypothesis

Accepted Answer

A) implies that things must get worse before they get better. 
B) suggests that inequality will worsen and then improve as a country grows. 
C) suggests that inequality will improve and then worsen as a country grows. 
D) points out six characteristics of modern economic growth. 
A) implies that things must get worse before they get better. 
B) suggests that inequality will worsen and then improve as a country grows. 
C) suggests that inequality will improve and then worsen as a country grows. 
D) points out six characteristics of modern economic growth.

Question 12

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 13

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

Accepted Answer

Factor price distort

Question 14

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 15

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 th

Question 16

One of the characteristics of the poor is that they are

Accepted Answer

A) more likely to be employed in the modern industrial sector. 
B) more likely to come from small families. 
C) more likely to be well educated. 
D) more likely to live in a rural area. 
A) more likely to be employed in the modern industrial sector. 
B) more likely to come from small families. 
C) more likely to be well educated. 
D) more likely to live in a rural area.

Question 17

What conclusion can be reached from the following data on income shares?

Accepted Answer

A) absolute poverty is more widespread in Bangladesh 
B) the size distribution of income is more unequal in Indonesia 
C) Bangladesh had adopted a strategy of redistribution with growth 
D) growth in Bangladesh is calculated using poverty weights rather than income weights 
A) absolute poverty is more widespread in Bangladesh 
B) the size distribution of income is more unequal in Indonesia 
C) Bangladesh had adopted a strategy of redistribution with growth 
D) growth in Bangladesh is calculated using poverty weights rather than income weights

Question 18

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 19

Explain the difference between size and functional measures of income distribution.

Accepted Answer

Size refers to famil

Question 20

With modern sector enlargement growth,inequality will

Accepted Answer

A) first rise and then fall. 
B) first fall and then rise. 
C) remain about the same. 
D) all of the above. 
A) first rise and then fall. 
B) first fall and then rise. 
C) remain about the same. 
D) all of the above.

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

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

About how many girls and women are said to be "missing" in LDCs?

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

Which of the following policies might increase labor intensity in industry?

With modern sector enrichment growth,inequality will

The functional distribution of income refers to the distribution of income between

The poverty gap is the

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

Distinguish between economic growth by modern sector enlargement,modern sector enrichment and traditional sector enrichment.For each of the three cases,show what happens to absolute poverty and to relative inequality,using a precise measure of each.

Kuznets' inverted-U hypothesis

The absolute poverty line

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

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

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

One of the characteristics of the poor is that they are

What conclusion can be reached from the following data on income shares?

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

Explain the difference between size and functional measures of income distribution.

With modern sector enlargement growth,inequality will

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,aid,and Conflict: Controversies and Opportunities

Finance and Fiscal Policy for Development

Filters

Exam 5: Poverty,inequality,and Development

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

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

About how many girls and women are said to be "missing" in LDCs?

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

Which of the following policies might increase labor intensity in industry?

With modern sector enrichment growth,inequality will

The functional distribution of income refers to the distribution of income between

The poverty gap is the

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

Distinguish between economic growth by modern sector enlargement,modern sector enrichment and traditional sector enrichment.For each of the three cases,show what happens to absolute poverty and to relative inequality,using a precise measure of each.

Kuznets' inverted-U hypothesis

The absolute poverty line

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

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

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

One of the characteristics of the poor is that they are

What conclusion can be reached from the following data on income shares?

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

Explain the difference between size and functional measures of income distribution.

With modern sector enlargement growth,inequality will

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,aid,and Conflict: Controversies and Opportunities

Finance and Fiscal Policy for Development

Filters