Question 1

Why might the use of more advanced technology not be a sufficient condition for sustained economic growth?

Accepted Answer

It may require an inefficientl...

Question 2

Which of the following is not an indicator that is used by the World Bank in measuring the levelof economic development?

Accepted Answer

A)  life expectancy at birth.
B)  adult literacy rate.
C)  infant mortality rate.
D)  all of the above are not used by the World Bank. D

Question 3

How many people still live on less than the equivalent of $1.25 per day (new definition of "extreme poverty") ?

Accepted Answer

A)  100 million.
B)  500 million.
C)  1.4 billion.
D)  2.2 billion.

Question 4

What fraction of developing countries have recently experienced some form of significant interethnic conflict?

Accepted Answer

A)  less than one-tenth
B)  a tenth to one-quarter
C)  one quarter to one half
D)  over one half

Question 5

Which of the following is not an indicator that is used to compute the Human Development Index?

Accepted Answer

A)  life expectancy at birth.
B)  real GDP per capita.
C)  infant mortality rate.
D)  adult literacy rate.

Question 6

Explain why purchasing power parity measures of income levels tend to show a smaller difference between poor and rich countries.

Accepted Answer

PPP measures show the number of units of developing country currency required to purchase a basket of goods and services in the developing country market that costs
one dollar in the U.S.Prices for most services tend to be much cheaper in developing countries than in the U.S.

Question 7

In what way does nationalism tend to be a hindering force in attaining modern economic growth and development,and in what way a facilitating force?

Accepted Answer

This is a question t...

Question 8

About how many people lack access to safe water?

Accepted Answer

A)  20 million
B)  200 million
C)  500 million
D)  1 billion
E)  2 billion

Question 9

Developing countries are starting to converge with developed countries in the long run in what respect?

Accepted Answer

A)  Growth rate
B)  Income inequality
C)  Population
D)  Per capita income

Question 10

What are some of the main ways in which the economies of developing countries differ from one another?

Accepted Answer

See the Ke...

Question 11

Which region in the world has the lowest GNI per capita based on the World Bank Atlas method?

Accepted Answer

A)  Sub-Saharan Africa
B)  East Asia/Pacific
C)  South Asia
D)  Latin America/The Caribbean C

Question 12

An example of an upper-middle income country is

Accepted Answer

A)  India.
B)  Brazil.
C)  Indonesia.
D)  Nigeria.

Question 13

Which of the following is not an upper-middle income country?

Accepted Answer

A)  Brazil
B)  South Africa
C)  Pakistan
D)  Argentina

Question 14

Which of the following is a low-income country?

Accepted Answer

A)  Mexico
B)  Thailand
C)  Turkey
D)  Bangladesh

Question 15

The combined GDP of developing countries constitutes approximately

Accepted Answer

A)  5 percent of global GDP.
B)  20 percent of global GDP.
C)  30 percent of global GDP.
D)  40 percent of global GDP.

Question 16

What are the three main indicators that make up the Human Development Index?

Accepted Answer

Life expectancy,educ...

Question 17

Which of the following African countries has experienced widespread death and destruction due to ethnic or clan based conflict in the previous decade?

Accepted Answer

A)  Rwanda
B)  Sudan
C)  Somalia
D)  all of the above

Question 18

Explain how low levels of living can turn into a vicious cycle in developing countries.

Accepted Answer

See the section on l...

Question 19

Explain the lingering effects of colonialism and how it is still playing a role in hindering economic development in the developing world.

Accepted Answer

Answers should be based on the...

Question 20

What are the three major components of economic growth?

Accepted Answer

Capital accumulation...

Exam 2: Comparative Economic Development

Why might the use of more advanced technology not be a sufficient condition for sustained economic growth?

Correct AnswerverifiedIt may require an inefficientl...View AnswerShow Answer

Which of the following is not an indicator that is used by the World Bank in measuring the levelof economic development?

Correct AnswerverifiedD

How many people still live on less than the equivalent of $1.25 per day (new definition of "extreme poverty") ?

Correct AnswerverifiedShow Answer

What fraction of developing countries have recently experienced some form of significant interethnic conflict?

Correct AnswerverifiedShow Answer

Which of the following is not an indicator that is used to compute the Human Development Index?

Correct AnswerverifiedShow Answer

Explain why purchasing power parity measures of income levels tend to show a smaller difference between poor and rich countries.

Correct AnswerverifiedPPP measures show the number of units of developing country currency required to purchase a basket of goods and services in the developing country market that costs one dollar in the U.S.Prices for most services tend to be much cheaper in developing countries than in the U.S.

In what way does nationalism tend to be a hindering force in attaining modern economic growth and development,and in what way a facilitating force?

Correct AnswerAnswered by ExamLex AIThis is a question t...View AnswerShow Answer

About how many people lack access to safe water?

Correct AnswerverifiedShow Answer

Developing countries are starting to converge with developed countries in the long run in what respect?

Correct AnswerverifiedShow Answer

What are some of the main ways in which the economies of developing countries differ from one another?

Correct AnswerAnswered by ExamLex AISee the Ke...View AnswerShow Answer

Which region in the world has the lowest GNI per capita based on the World Bank Atlas method?

Correct AnswerverifiedC

An example of an upper-middle income country is

Correct AnswerverifiedShow Answer

Which of the following is not an upper-middle income country?

Correct AnswerverifiedShow Answer

Which of the following is a low-income country?

Correct AnswerverifiedShow Answer

The combined GDP of developing countries constitutes approximately

Correct AnswerverifiedShow Answer

What are the three main indicators that make up the Human Development Index?

Correct AnswerverifiedLife expectancy,educ...View AnswerShow Answer

Which of the following African countries has experienced widespread death and destruction due to ethnic or clan based conflict in the previous decade?

Correct AnswerverifiedShow Answer

Explain how low levels of living can turn into a vicious cycle in developing countries.

Correct AnswerAnswered by ExamLex AISee the section on l...View AnswerShow Answer

Explain the lingering effects of colonialism and how it is still playing a role in hindering economic development in the developing world.

Correct AnswerverifiedAnswers should be based on the...View AnswerShow Answer

What are the three major components of economic growth?

Correct AnswerverifiedCapital accumulation...View AnswerShow Answer

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It may require an inefficientl...
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D

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Answered by ExamLex AI
This is a question t...
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Answered by ExamLex AI
See the Ke...
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C

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Life expectancy,educ...
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Correct Answer
Answered by ExamLex AI
See the section on l...
View Answer

Correct Answer
verified
Answers should be based on the...
View Answer

Correct Answer
verified
Capital accumulation...
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