This quiz works best with JavaScript enabled. Home > Finance > Economics > Development Economics > Development Economics – Quiz 4 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Development Economics Quiz 4 (30 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Average income and per capita income both are the same concepts. A) False. B) True. Show Answer Correct Answer: B) True. 2. Tertiary Sector is also known as ..... A) Service sector. B) Trade. C) Hotel and restaurant. D) None of these. Show Answer Correct Answer: A) Service sector. 3. In this study, the authors examined the production of the region's three principal staple crops: ..... A) Maize, wheat, and Soybeans. B) Maize, Potatoes, and Soybeans. C) Maize, wheat, and rice. D) Rice, wheat, and Cassava. Show Answer Correct Answer: C) Maize, wheat, and rice. 4. Central government in India made a law, implementing the Right to Work in how many districts of India? A) 625 districts. B) 150 districts. C) 250 districts. D) 200 districts. Show Answer Correct Answer: A) 625 districts. 5. Which of the following is not an impact of the neo-classic counter-revolution on economic theory and policy in developing countries? A) Government regulation of economic activities. B) Statist planning. C) Reinforcement of public ownership. D) Freer markets. Show Answer Correct Answer: C) Reinforcement of public ownership. 6. The flying geese pattern of industrial development illustrates: A) No convergence. B) $\alpha$-convergence. C) Divergence. D) $\beta$-convergence. Show Answer Correct Answer: D) $\beta$-convergence. 7. According to findings, the association between female decision-making and son preference is found to be statistically significant for three out of four types of intra-household decisions. A) False. B) True. Show Answer Correct Answer: B) True. 8. Which of the following could not be considered a major economic system? A) Capitalism. B) Communism. C) Socialism. D) Human development index. Show Answer Correct Answer: D) Human development index. 9. According to the Kuznets curve: A) Income inequalities will increase after 50% of the shift force switches over to the higher paying sector. B) Countries should develop their economy without increasing income per capita inequalities. C) The income gap depicted by the Lewis model is justified in the transition phase from rural to modern economy. D) Development necessarily goes hand in hand with anti-pollution measures. Show Answer Correct Answer: C) The income gap depicted by the Lewis model is justified in the transition phase from rural to modern economy. 10. How will energy demand increase until 2050? A) By 70%. B) By 30%. C) By 50%. D) By 90%. Show Answer Correct Answer: C) By 50%. 11. In Lee et al. (2019) the authors do not take into account negative environmental externalities of electricity grid connection since Kenya has a relatively sustainable electricity management. A) False. B) True. Show Answer Correct Answer: B) True. 12. A value of 1 in Gini index represents A) I & III. B) Low inequality. C) 1% inequality. D) Maximum inequality. Show Answer Correct Answer: D) Maximum inequality. 13. Which sector do Export Promotion Councils (EPCs) in India focus on? A) Textiles. B) Technology. C) Healthcare. D) Education. Show Answer Correct Answer: A) Textiles. 14. Which of the following models is not an exogenous growth model? A) The Solow model. B) The Harrod-Domar model. C) The Romer model. D) The Lewis model. Show Answer Correct Answer: C) The Romer model. 15. How much more medical waste was produced by the Wuhan hospitals after the outbreak of Covid-19 A) The hospitals produced double the waste. B) The hospitals produced 50% more waste. C) The hospitals produced 200% more waste. D) The hospitals produced 400% more waste. Show Answer Correct Answer: D) The hospitals produced 400% more waste. 16. Per capita income hides A) (a) disparities. B) (b) average income. C) C) total population. D) (d) none of these. Show Answer Correct Answer: A) (a) disparities. 17. The authors found that children belonging to flood-affected districts have ..... schooling outcomes. A) Poor. B) Good. Show Answer Correct Answer: A) Poor. 18. According to the video you saw in preparation of today's class how many masks entered the sea in 2021? A) 750 million masks. B) 150 million masks. C) 7.5 billion masks. D) 1.5 billion masks. Show Answer Correct Answer: D) 1.5 billion masks. 19. In Asher and Novosad (2019) all villages above the cut-off thresholds (of 1, 000 and 500 inhabitants) received a paved road at the latest by 2007. A) Faldse. B) True. Show Answer Correct Answer: A) Faldse. 20. According to estimation results, variations in yearly precipitation levels do not significantly affect RGDP growth rates. A) False. B) True. Show Answer Correct Answer: B) True. 21. In this study, the authors employed the ..... variables of child schooling outcomes. A) 4. B) 6. C) 3. D) 5. Show Answer Correct Answer: D) 5. 22. Which of the following best describes Human Development? A) Measures high, low and middle income countries. B) The environment people grow in. C) Used to compare countries to see what life would be like. D) Is a concept that provides a more accurate picture of well people are living in their countries. Show Answer Correct Answer: D) Is a concept that provides a more accurate picture of well people are living in their countries. 23. In this study, the authors examined the impact of ..... floods on children's schooling. A) 2010. B) 2011. C) 2008. D) 2009. Show Answer Correct Answer: A) 2010. 24. Which statement is not correct? A) Corruption effects on country socio-economic situation. B) Corruptions promote income inequality. C) Corruption contributes to an efficient allocation of resources. D) Corruption tends to lower the returns to education. Show Answer Correct Answer: C) Corruption contributes to an efficient allocation of resources. 25. Meaning of development is different for A) Different people. B) Alien people. C) Same people. D) None of these. Show Answer Correct Answer: A) Different people. 26. Why is it that the informal lenders have an edge over the formal lenders in the agricultural credit market? A) Informational constraint. B) Inter-linked contracts. C) Rationing. D) All the above. Show Answer Correct Answer: B) Inter-linked contracts. 27. According to Lewis' Theory of Development, additional workers can be withdrawn from the agricultural sector only at: A) A lower cost of lost food production because the declining labor-to-land ratio means that the marginal product of rural labor is no longer zero. B) A higher cost of lost food production because the declining labor-to-land ratio means that the marginal product of rural labor is no longer zero. C) A lower cost of lost food production because the increasing labor-to-land ratio means that the marginal product of rural labor is no longer zero. D) A higher cost of lost food production because the increasing labor-to-land ratio means that the marginal product of rural labor is no longer zero. Show Answer Correct Answer: B) A higher cost of lost food production because the declining labor-to-land ratio means that the marginal product of rural labor is no longer zero. 28. Which document provides detailed information to enable tendering for contracts? A) Bill of quantities. B) Conditions of contract. C) Architects working drawings. D) Schedule. Show Answer Correct Answer: A) Bill of quantities. 29. All of the following are examples of why large cities are so accessible EXCEPT ..... A) Technology. B) Industry. C) Transportation systems. D) Highways. Show Answer Correct Answer: B) Industry. 30. In a Solow Growth Model with no population growth and no technological change, consumption per worker will be maximized in the steady state when A) The marginal product of capital per worker is equal to thedepreciation rate. B) The marginal product of labor is equal to the depreciation rate. C) Investment per worker is maximized. D) Output per worker is maximized. Show Answer Correct Answer: A) The marginal product of capital per worker is equal to thedepreciation rate. ← PreviousNext →Related QuizzesEconomics QuizzesFinance QuizzesDevelopment Economics Quiz 1Development Economics Quiz 2Development Economics Quiz 3Development Economics Quiz 5Development Economics Quiz 6 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books