This quiz works best with JavaScript enabled. Home > Finance > Economics > Development Economics > Development Economics – Quiz 3 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Development Economics Quiz 3 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. In this article, authors used the A) Balanced Panel Data of 16 African Countries. B) Unbalanced Panel Data of 16 African Countries. Show Answer Correct Answer: B) Unbalanced Panel Data of 16 African Countries. 2. Which of the following words BEST describes the characteristics of a city? A) Rural. B) Suburban. C) Urban. D) None of above. Show Answer Correct Answer: C) Urban. 3. The difference between GDP and GNI is that GNI contains A) Education Levels. B) Natural Resources. C) Remittances. D) Life Expectancy. Show Answer Correct Answer: C) Remittances. 4. According to Rostow, what is the main factor of development? A) Investment in capital. B) Education. C) Imports. D) Political change. Show Answer Correct Answer: A) Investment in capital. 5. Women who bear sons often enjoy high prestige while those who fail to do so face social stigma and pressure at home leading to domestic violence, divorce. A) True. B) False. Show Answer Correct Answer: A) True. 6. Women with at least one son have more say in everyday household decisions involving their healthcare, social, economic affairs, and financial matters. A) False. B) True. Show Answer Correct Answer: A) False. 7. Which of the following was not a classical economist? A) Ricardo. B) Keynes. C) Adam smith. D) Malthus. Show Answer Correct Answer: B) Keynes. 8. Solow built his model as an alternative ..... which model A) Harrod Domar. B) Ranis-Fei. C) Kaldor. D) Meade's. Show Answer Correct Answer: A) Harrod Domar. 9. Who developed the concept of international division of labor? A) Marx. B) Lenin. C) Frank. D) Wallerstein. Show Answer Correct Answer: B) Lenin. 10. In the Solow Growth Model holding everything else constant, an increase in the rate of depreciation will A) Decrease the level of steady state capital per worker. B) Increase the level of steady state capital per worker. C) Have no effect on the level of steady state capital per worker. D) None of above. Show Answer Correct Answer: A) Decrease the level of steady state capital per worker. 11. According to Solow's growth model (Q=AKa Lb), what would be the expected impact of a growth resulting from capital accumulation? A) Growth will be slow when countries first begin to accumulate capital, and will increase as the process of accumulation continues. B) Countries will tend to converge in output per capita and in standard of living. C) Growth will be continuous and linear. D) Countries won't be able to act upon the multifactor productivity. Show Answer Correct Answer: B) Countries will tend to converge in output per capita and in standard of living. 12. In the Solow Growth Model, the steady state level of capitalper worker occurs when A) Output per worker is maximized and constant. B) Consumption per worker is maximized and constant. C) The level of investment per worker equals the amount ofcapital per worker that depreciates during the particular time period. D) All of the above statements are true for the steady state level of capital per worker in the Solow Growth Model. Show Answer Correct Answer: C) The level of investment per worker equals the amount ofcapital per worker that depreciates during the particular time period. 13. In this study, the authors examined the impact of ..... on children's schooling. A) Drought. B) Flood. C) Cold Wave. D) Earthquake. Show Answer Correct Answer: B) Flood. 14. What is the primary goal of microfinance NGOs? A) Providing healthcare services to disadvantaged individuals. B) Promoting financial inclusion and economic well-being. C) Advocating for trade policies that benefit small businesses. D) Constructing infrastructure projects in underserved areas. Show Answer Correct Answer: B) Promoting financial inclusion and economic well-being. 15. The discontinuous portion in the Aggregate Supply Curve of labor represents which form of unemployment? A) Involuntary. B) Frictional. C) Voluntary. D) Seasonal. Show Answer Correct Answer: A) Involuntary. 16. Who's the most important person in a construction team? A) Surveyor. B) Site manager. C) Foreman. D) Client. Show Answer Correct Answer: D) Client. 17. To which stream of dependence theorists can we associate the claim that interrelations between the core and the periphery serve to "develop its underdevelopment" ? A) Neocolonial dependence model. B) Dualistic-development thesis. C) World systems theory. D) False-paradigm model. Show Answer Correct Answer: B) Dualistic-development thesis. 18. The effect of corruption on both migrations (By Pooled OLS) A) Positive and insignificant. B) Negative and significant. C) Positive and significant. D) Negative and significant. E) None. Show Answer Correct Answer: C) Positive and significant. 19. Select which of the following options could be identified as "infrastructure" in development economics: A) .Water management.Dams. B) . Wifi connection cables. Highways. C) Airports. D) All. Show Answer Correct Answer: D) All. 20. According to the Harrod-Domar growth model, what is the size of savings ratio that yields sufficient growth to transit from one stage of development to the next one? A) $\ge15%$. B) $\ge2%$. C) $\ge6%$. D) $\ge30%$. Show Answer Correct Answer: A) $\ge15%$. 21. Asher and Novosad (2019)'s results are: A) A. In line with what has been found in similar research. B) B. Completely different with what has been found in similar research. C) Not comparable with other research as there is no similar papers to confront the results with. D) None of above. Show Answer Correct Answer: A) A. In line with what has been found in similar research. 22. Take up rates of the treatments offered in De Mel et al. (2013) are very low. A) True. B) False. Show Answer Correct Answer: A) True. 23. Who gave theory of unbalanced growth A) Amatya Sen. B) Rajnikant. C) Manmohan Singh. D) Hirchman. Show Answer Correct Answer: D) Hirchman. 24. In this article, authors study the relationship between A) Economic Growth and Poverty. B) Economic Growth and Inequality. C) Poverty and Inequality. D) Economic Growth, Inequality andPoverty. Show Answer Correct Answer: D) Economic Growth, Inequality andPoverty. 25. In poverty trap models, what is meant by "coordination failure" ? A) The incapacity of countries to converge because of a lack of political coordination between them. B) The incapacity of markets to transfer information and knowledge. C) The incapacity of individuals to work hand-in-hand towards development. D) The incapacity of governments to impose their policies. Show Answer Correct Answer: B) The incapacity of markets to transfer information and knowledge. 26. In this study, the authors take the ..... variables of interest. A) 2. B) 4. C) 3. D) 5. Show Answer Correct Answer: C) 3. 27. Which age group of children is included for calculating Net Attendance Ratio? A) 6-10. B) 7-11. C) 5-9. D) 14-15. Show Answer Correct Answer: D) 14-15. 28. Dividing the total income of country with its population, we getI. Per-Capita incomeII. National incomeIII. Average IncomeIV. Total Income A) Only III. B) I and II. C) All of the above. D) None of these. Show Answer Correct Answer: A) Only III. 29. A situation in which more persons reemployed on a job than are optimally required is A) Disguised unemployment. B) Cyclical unemployment. C) Seasonal unemployment. D) Structural unemployment. Show Answer Correct Answer: A) Disguised unemployment. 30. $y=k.L^{\left(1-a\right)}$ A) The marginal product of capital is constant. B) The marginal product of capital is increasing. C) The marginal product of capital is decreasing. D) The marginal product of capital equals the marginal product of labor. Show Answer Correct Answer: A) The marginal product of capital is constant. ← PreviousNext →Related QuizzesEconomics QuizzesFinance QuizzesDevelopment Economics Quiz 1Development Economics Quiz 2Development Economics Quiz 4Development Economics Quiz 5Development Economics Quiz 6 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books