Children have costs and benefits to parents, and a. Given, i and iia. Fall in production of agricultural goods, b. Improved extraction and working of raw materials It reduces cost of supervision for the landlord, d.
If the development process is characterized by what we have called "modern sector enlargement", the relationship between GNP per capita and poverty in the distribution of income can be expressed as a. Import restrictions involve a deadweight loss, c.
Fall in money supply Which of the following is not a component of the PQLI: Non-traded goods do not enter measured GDP because a. Investment in totaled L43 billion. The concept of choice would become irrelevant if a. Which of the following is not an example of financial repression a.
In a perfectly competitive economy, if the demand curve for labor is infinitely elastic then all of the national income will accrue to a. Initially low rate of natural increase. Monetary gain is not immediate and requires planning, research and creativity to translate this value into something profitable as a livelihood, which is often realized in the long-run.
Assuming that the number of workers remains constant, then period 5 all the workers are in the modern sector. Which of the following is not a weakness of the import substitution strategy of growth a.
Import restrictions raise prices for buyers to a product, d. Income level or GDP is criticized as an indicator of development mainly because it takes no account of the distribution of income.
The Gini coefficient is a. From this information one can conclude that Egypt and Australia a. In period 5 the gini coefficient of inequality is a. Thus, a single increase in reduction could mean a significant increase in the use of natural resources.1 Economics Development Economics Sample Exam Questions Circle one answer only for each multiple choice question.
Each question is worth 2½. Start studying Economics Final Exam.
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andargie. Sample Test Questions for Development Economics. Below are a set of sample test questions taken from previous exams in Development Economics. The answers are indicated by the *. Please note that it is possible that questions may have the * in the wrong place.
You should think through all of these.
Whereas economic development is a policy intervention endeavor with aims of economic and social well-being of people, economic growth is a phenomenon of market productivity and rise in GDP. Development Economics Exam The only thing that stands between you and your certification now is the final exam.
The exam is 20 questions made up of multiple choice and true or false.Download