Question 1

U.S.per capita GDP is roughly how much larger than the world average?

Accepted Answer

A) Twice as large. 
B) Three times as large. 
C) Four times as large. 
D) Five times as large.

Question 2

In which of the following would the richest tenth of the population be most likely to receive the highest percentage of the country's income?

Accepted Answer

A) Sweden. 
B) Botswana. 
C) Germany.

Question 3

Developing infrastructure and ensuring that property rights will be protected can help a poor country grow more quickly according to de Soto's book The Other Path.

Accepted Answer

A) True 
 B)False

Question 4

In order for the existing workforce to be more productive,there needs to be

Accepted Answer

A) An increase in population. 
B) An increase in human capital. 
C) A redistribution of income within the nation.

Question 5

Which of the following is least likely to reduce poverty?

Accepted Answer

A) Redirecting resources within the poor nation away from the military. 
B) Raising taxes within the poor nation. 
C) Receiving foreign aid from rich donor countries.

Question 6

Which of the following is an indicator of how much output the average person would get if all output were divided up evenly among the population?

Accepted Answer

A) GDP deflator. 
B) Nominal GDP. 
C) Per capita GDP.

Question 7

Currently most developed countries meet or exceed the U.N.'s Millennium Aid Goal for donor country GDP.

Accepted Answer

A) True 
 B)False

Question 8

One World View article in the text is titled "Dying for a Drink of Clean Water." By 2015 the U.N.'s Millennium water goal expects to reduce the percentage of people in the world without safe drinking water by

Accepted Answer

A) 10 percent. 
B) 25 percent. 
C) 50 percent.

Question 9

Which of the following is not part of Hernando de Soto's The Other Path?

Accepted Answer

A) Improving infrastructure. 
B) Encouraging the "underground" economy. 
C) Reducing taxes.

Question 10

The reduction in world poverty from 1990 to 2006 was due almost entirely to the decrease in poverty in

Accepted Answer

A) Canada. 
B) Mali. 
C) China.

Question 11

Well-established property rights and a pro-business climate are a step in the right direction,but ultimately they do little to encourage economic growth.

Accepted Answer

A) True 
 B)False

Question 12

According to the World View titled "Muhammad Yunus: Microloans," who won the Nobel Peace Prize for developing microcredit?

Accepted Answer

A) Vice President Al Gore. 
B) Adam Smith. 
C) Professor Robert Schiller. 
D) Professor Muhammad Yunus.

Question 13

One World View article is titled "Glaring Inequalities." Of the countries listed,the least inequality in the distribution of income is likely to occur in

Accepted Answer

A) Mali. 
B) Botswana. 
C) Japan.

Question 14

Which of the following is not associated with global poverty?

Accepted Answer

A) The inequality trap. 
B) Long life expectancy. 
C) Lack of education.

Question 15

According to Hernando de Soto,poor countries should focus their development policies on all of the following except

Accepted Answer

A) Reducing bureaucratic barriers. 
B) Encouraging private ownership. 
C) Increasing taxes on private companies.

Question 16

For poor countries,a lack of capital and poorly developed infrastructure contribute to low farm productivity.

Accepted Answer

A) True 
 B)False

Question 17

If the U.S.government considers the value of in-kind transfers,the U.S.poverty rate decreases.

Accepted Answer

A) True 
 B)False

Question 18

If all developed countries were willing to meet the U.N.'s Millennium Aid Goal for foreign aid,this would eliminate global poverty.

Accepted Answer

A) True 
 B)False

Question 19

In order for poor nations to grow out of Stage 1,farm productivity must rise beyond subsistence levels so that workers can

Accepted Answer

A) Take longer vacations. 
B) Move to jobs in other industries. 
C) Stop worrying about the weather.

Question 20

Which of the following is not true concerning economic growth?

Accepted Answer

A) It is an increase in real GDP. 
B) It can be sustained in the short run but not the long run. 
C) It means that the production possibilities have expanded.

Exam 37: Global Poverty Glossary Index Reference Tables

U.S.per capita GDP is roughly how much larger than the world average?

In which of the following would the richest tenth of the population be most likely to receive the highest percentage of the country's income?

Developing infrastructure and ensuring that property rights will be protected can help a poor country grow more quickly according to de Soto's book The Other Path.

In order for the existing workforce to be more productive,there needs to be

Which of the following is least likely to reduce poverty?

Which of the following is an indicator of how much output the average person would get if all output were divided up evenly among the population?

Currently most developed countries meet or exceed the U.N.'s Millennium Aid Goal for donor country GDP.

One World View article in the text is titled "Dying for a Drink of Clean Water." By 2015 the U.N.'s Millennium water goal expects to reduce the percentage of people in the world without safe drinking water by

Which of the following is not part of Hernando de Soto's The Other Path?

The reduction in world poverty from 1990 to 2006 was due almost entirely to the decrease in poverty in

Well-established property rights and a pro-business climate are a step in the right direction,but ultimately they do little to encourage economic growth.

According to the World View titled "Muhammad Yunus: Microloans," who won the Nobel Peace Prize for developing microcredit?

One World View article is titled "Glaring Inequalities." Of the countries listed,the least inequality in the distribution of income is likely to occur in

Which of the following is not associated with global poverty?

According to Hernando de Soto,poor countries should focus their development policies on all of the following except

For poor countries,a lack of capital and poorly developed infrastructure contribute to low farm productivity.

If the U.S.government considers the value of in-kind transfers,the U.S.poverty rate decreases.

If all developed countries were willing to meet the U.N.'s Millennium Aid Goal for foreign aid,this would eliminate global poverty.

In order for poor nations to grow out of Stage 1,farm productivity must rise beyond subsistence levels so that workers can

Which of the following is not true concerning economic growth?