This quiz works best with JavaScript enabled. Home > Economics > Development Economics > Development Economics – Quiz 1 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Development Economics Quiz 1 (20 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. When comparing GNI across countries we adjust it by using A) Powerful Purchasing Parity. B) Purchasing Power Parity. C) Purchasing Potential Parity. D) Particular Purchasing Parity. Show Answer Correct Answer: B) Purchasing Power Parity. 2. Which funding agency supports Oxfam's Mekong Inclusion Project? A) United Nations Development Programme (UNDP). B) Swedish International Development Cooperation Agency (SIDA). C) Australian Department of Foreign Affairs and Trade. D) World Bank. Show Answer Correct Answer: C) Australian Department of Foreign Affairs and Trade. 3. According to the linear-stages approach, how can poor countries compensate for their low level of new capital formation? A) By increasing foreign aid and FDI. B) By increasing their capital-output ratio, k. C) By decreasing their capital-output ratio, k. D) By decreasing their export/import ratio. Show Answer Correct Answer: A) By increasing foreign aid and FDI. 4. What is the principle reason for market failure of the market for animal power? A) Dearth of capital. B) Time bound use of animal power. C) Low availability of healthy animals. D) All the above. Show Answer Correct Answer: B) Time bound use of animal power. 5. All investment should be in all sectors A) Balanced. B) Unbalanced. C) Harrod. D) Domar. Show Answer Correct Answer: A) Balanced. 6. Which field has Oxfam achieved achievements in Vietnam? A) Environmental conservation. B) Infrastructure development. C) Gender equality and women's empowerment. D) Healthcare and disease prevention. Show Answer Correct Answer: C) Gender equality and women's empowerment. 7. Out of 200 million children in the school going age group, how many are attending schools? A) One-fourth. B) Two-thirds. C) One-fifth. D) Half. Show Answer Correct Answer: B) Two-thirds. 8. When studying the reasons for which small firms don't grow bigger, it is important to focus on a representative sample of small firms in order to ensure external validity. A) True. B) False. Show Answer Correct Answer: B) False. 9. How many randomization cells are there in De Mel et al. (2013)? A) 2. B) 3. C) 4. D) 5. Show Answer Correct Answer: D) 5. 10. Sons are supposed to be the households' economic asset in ..... societies. A) Patrilocal. B) Patricide. C) Patrilineal. D) Primogeniture. E) Matrilineal. Show Answer Correct Answer: C) Patrilineal. 11. In which province did Oxfam provide non-emergency aid to 550 poor households? A) An Giang. B) Ha Tinh. C) Lao Cai. D) Ninh Thuan. Show Answer Correct Answer: B) Ha Tinh. 12. Which urban land model uses two CBDs? A) Latin American. B) Multiple Nuclei. C) Sector. D) Concentric. Show Answer Correct Answer: B) Multiple Nuclei. 13. If people with higher incomes pay a higher percentage of income in taxes, the income tax structure is A) Progressive. B) Regressive. C) Value-added taxes (VAT). D) Excise taxes. Show Answer Correct Answer: A) Progressive. 14. Summarise in a few words the two hypotheses that explain why small businesses in developing countries remain largely informal. Also elaborate on which of the two theories seems to be at work in the context of one of the papers we saw together, and why. A) Following the exit view, small businesses exit the formal sector because they rationally compare costs and benefits of being informal and the benefits outweigh the costs. Following the exclusion view businesses exit the formal sector because of the burdensome costs of regulation. B) De Mel et al. (2013) points towards exit view; the exclusion view can't be right for this case because small businesses offered with 'only' information about registration process with tax authority + reimbursement of direct registration fees (T1) did not register significantly more than the control group. C) Both. D) None of above. Show Answer Correct Answer: C) Both. 15. Harrod Domar growth theory consider ..... as a key factor in economic growth process? A) Labour. B) Capital Accumulation. C) Growth. D) Consumption. Show Answer Correct Answer: B) Capital Accumulation. 16. The basic of Schumpeter theory of Development A) Trade cycle. B) Innovation. C) Investment. D) Saving. Show Answer Correct Answer: B) Innovation. 17. Adam Smith advocated I laissez-faire. II the invisible hand. III free-trade policy. IV competitive markets. A) I & II. B) ONLY I. C) I, II &III. D) I, II, III AND IV. Show Answer Correct Answer: D) I, II, III AND IV. 18. Which of the following economist had not proposed Balanced Growth Theory? A) Rodan. B) Lewis. C) Nurkse. D) Singer. Show Answer Correct Answer: D) Singer. 19. Human Development Index is used to measure Human Development in any country. Which of the following is not a dimension used? A) Lead a long and healthy life. B) Knowledge. C) Happiness. D) Decent standard of living. Show Answer Correct Answer: C) Happiness. 20. For calculating Body Mass Index (BMI), weight of the person is divided by the: A) Square of the weight. B) Square of the height. C) Square root of the height. D) Square root of the height. Show Answer Correct Answer: B) Square of the height. Next →Related QuizzesEconomics QuizzesDevelopment Economics Quiz 2Development Economics Quiz 3Development Economics Quiz 4Development Economics Quiz 5Development Economics Quiz 6Development Economics Quiz 7Development Economics Quiz 8Development Economics Quiz 9 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books