File Name: population growth and economic development policy questions .zip
- Finance & Development, March 1969
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- Unit 1 Conceptualising Development
- Population and Development
Finance & Development, March 1969
Below are a set of sample test questions taken from previous exams in Development Economics. You should think through all of these. Also, these are only sample questions. They are put here because students often think it is helpful to see past exams.
The fact that these are here does not represent a commitment that questions on your exam will be like these or on the same subject matter. This is especially so because the subject matter and organization of the course has recently been adjusted. In addition, as the material covered between exams changes semester to semester, the questions here are not broken into specific exams.
A supply side vicious circle of poverty suggests that poor nations remain poor because a. The International Comparisons Project, which used purchasing power parity rates rather than market exchange rates, has found that the real standard of living in many less developed countries LDCs is even lower than indicated by their dollar per-capita income. As incomes rise there tends to be a shift of labor from the services sector to the industrial sector.
Which of the following is not typically an element in the structural change that accompanies development? All of the above changes accompany development. The essence of Engel's law is that as family incomes rise a. Economic growth measures the a. Non-traded goods do not enter measured GDP because a. The concept of opportunity cost is based upon the principle of a. Points on a budget constraint represent combinations of the goods that exactly use up income b.
Points within the budget constraint represent combinations of the goods that do not use up all the income. If the price of one good decreases, all else the same, the budget constraint will swivel or rotate outward. When the manufacturer of power looms expands, there are forward linkage effects due to a. Economic growth is necessary and sufficient to eradicate most of absolute poverty.
Income level or GDP is criticized as an indicator of development mainly because it takes no account of the distribution of income. A certain amount of goods and services is necessary for a minimum standard of living. This is called a. With perfect income equality the Gini coefficient in a country would be a. Rawls argued that the income distribution should be determined a.
All but one of the following are methods to represent overall income inequality: a. Gini coefficient c. Lorenz curve e. The concept of choice would become irrelevant if a. According to Simon Kuznets, the relationship between GNP per capita and inequality in the distribution of income can be expressed as a. The physical quality of life index PQLI is an aggregation of widely available indicators of basic human needs.
Which of the following is not a component of the PQLI: a. If Lorenz curves cross, we say there is less inequality in the case where a. If the development process is characterized by what we have called "modern sector enlargement", the relationship between GNP per capita and inequality in the distribution of income can be expressed as a. 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.
Whereas the headcount measure tells us the number of poor and the poverty gap measure tells us about the average depth of poverty among the poor, the Foster-Greer-Thorbecke measure also called P-alpha tells us about the number, the average depth of poverty and a.
The concept of Purchasing Power Parity a. If the distribution of income in country C is 1, 2, 2, 3, 5 and the poverty line is 2. If the distribution of income in country C is 1, 2, 2, 3, 5 , and in country D it is 1, 1, 2, 3, 5 , and the poverty line in both countries is 2.
The empirical evidence indicates that today's developing countries are undergoing a demographic transition very similar to what the developed countries experienced in the past.
The dependency ratio is the ratio of a. Malthus argued that the poor would always remain poor because a. Compared to the developed countries, the LDCs have a. Children have costs and benefits to parents, and a. Both the Ricardian growth model and the Lewis model share the assumption that population growth will outpace food production in the long run.
The Lewis model of the dual economy makes the following assumption s a. The rural wage initially remains constant b. Industry makes a profit by employing cheap labor c. Rural wage will rise when industry expands sufficiently d. Industry faces an elastic supply curve of labor because the marginal product of labor in agriculture is a.
Underemployment is a situation where a. The Malthusian theory of population growth, as formulated by Malthus, proved a. The endogenous growth model confirms the neoclassical model's implications about convergence.
The hypothesis of the 'advantage of backwardness' a. Which is a measure of absolute poverty? Sen index. The Lorenz criterion a. Consider the following distribution of incomes in country x and country y: country x 2, 3, 4 country y 6, 9, 12 a.
Consider an economy with low per capita income. Assume i whenever per capita income rises above subsistence level, population grows and ii whenever it falls below subsistence level, population shrinks. Given, i and ii , a. Which of the following would not be considered as an example of industrialization a. Replacement of human with mechanical skills c. Improved economic organization d. Improved extraction and working of raw materials. The production possibility frontier can be considered a measure of a.
Real G. Nominal G. None of the above. Most lists of basic human needs include all the following items except a. Rising per-capita GNP may fail to increase incomes for most citizens because: a. Gains from growth may be used for expensive glory projects that provide few concrete benefits to the people.
Those who are already relatively well-off may get all or most of the benefits d. The idea which suggests that poverty is self-perpetuating because poor nations are unable to save and invest enough to accumulate the capital stock that would help them grow is a. If the vicious-cycle-of-poverty hypothesis were true at all levels of per capita income, then a. The absolute poverty line: a. The Gini coefficient provides a measure of: a.
To draw a Lorenz curve showing the distribution of income by household, one should first rank all households according to a. One study found that the Gini coefficient for Egypt. From this information one can conclude that Egypt and Australia a. According to the inverted U hypothesis of Kuznets, as economies develop a.
If 's' is the savings rate and 'v' the capital-output ratio, then 'g' the rate of growth in the Harrod Domar model is represented by a. Balanced growth theories of Ragnar Nurkse advocate a. Critical minimum effort refers to a.
The Arthur Lewis model utilizes the assumption that, a. If a country experiences a rapid increase in per-capita income due to discovery of new oil reserves, then it is experiencing: a. According to Kuznets, the identifying characteristic of "modern economic growth" is a. Investment in totaled L43 billion.
What was the value of the ICOR? It cannot be determined from these data. All but one of the following elements is a characteristic of the demographic transition. Which one is the exception? Initially high birth rate and death rate. Initially low rate of natural increase. A sharp fall in the death rate followed with a lag by a decline in the birth rate. The supply curve of labor to industry is horizontal if there is surplus labor in agriculture. The condition occurs as long as: a.
Which of the following statements is consistent with Hirschman'ss theory of unbalanced growth?
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A Gini Coefficient of 0 represents which of the following? Choose one answer. Question 2. A multi-dimensional measure of poverty include includes which of the following elements? Question 3. As defined by the UN World Commission on Environment and Development, which of the following best describes sustainable development?
Login or Register to save! Download Free PDF. This book addresses nine relevant questions: Will population growth reduce the growth rate of per capita income.
Unit 1 Conceptualising Development
We have started our discussion of development by addressing very broad issues relating to the concept of development. However, much of the literature and thinking about 'development' focuses on economics. Indeed 'development' and 'economic development' have often been treated as synonymous concepts. The economic development of a country or society is usually associated with amongst other things rising incomes and related increases in consumption , savings, and investment. Of course, there is far more to economic development than income growth; for if income distribution is highly skewed, growth may not be accompanied by much progress towards the goals that are usually associated with economic development.
Below are a set of sample test questions taken from previous exams in Development Economics. You should think through all of these. Also, these are only sample questions.
Population and Development
Growth and Development pp Cite as. So that, strictly conceived, the point up to which, on utilitarian principles, population ought to be encouraged to increase is not that at which average [emphasis added] happiness is the greatest possible — as appears to be often assumed by political economists of the school of Malthus — but at which the product formed by multiplying the number of persons living into the amount of average happiness reaches its maximum. Unable to display preview.
Population and Development Review seeks to advance knowledge of the relationships between population and social, economic, and environmental change and provides a forum for discussion of related issues of public policy. Population and Development Review is published quarterly. A stalled revolution? Hook, Eunjeong Paek.
Population Growth and. Economic. Development: Policy. Questions.. -. that rapid population growth had seriously negative economic consequences.