This quiz works best with JavaScript enabled. Home > Finance > Economics > Development Economics > Development Economics – Quiz 6 🏠 Homepage 📘 Download PDF Books 📕 Premium PDF Books Development Economics Quiz 6 (17 MCQs) Quiz Instructions Select an option to see the correct answer instantly. 1. Usually, goods that are natural monopolies are provided by governments (social planner) instead of private firms, because: A) Governments can veto the entrance of private firms by amending the law around business operating natural monopolies. B) Private firms would compete on price, and therefore induce final prices to be too high for the final consumers to afford. C) Private firms would not be able to bear the high fix costs typical of these markets. D) Private firms would compete on quantities, bringing the optimal production quantity to be too low to satisfy all consumers. Show Answer Correct Answer: C) Private firms would not be able to bear the high fix costs typical of these markets. 2. When conducting a cost-benefit analysis, people analyze where to spend their money to see what will give them the most ..... A) Taxes. B) Benefits. C) Answers. D) Consequences. Show Answer Correct Answer: B) Benefits. 3. Rostow's economic stages are A) The preconditions for takeoff, the takeoff, the drive to maturity, and the age of creative destruction. B) The traditional society, the preconditions for takeoff, the takeoff, the drive to maturity, and the age of high mass consumption. C) The preconditions for consumption, the replication, the drive to maturity, and the age of high mass consumption. D) NONE OF THESE. Show Answer Correct Answer: B) The traditional society, the preconditions for takeoff, the takeoff, the drive to maturity, and the age of high mass consumption. 4. What is the objective of Oxfam's "My Rights, My Voice" project in Vietnam? A) Promote access to clean water and sanitation. B) Empower children and young people to claim their rights to quality education. C) Provide emergency aid to vulnerable communities. D) Advocate for human rights and democracy in Vietnam. Show Answer Correct Answer: B) Empower children and young people to claim their rights to quality education. 5. The clearing of a forest and its replacement by another land use is called A) Timber harvesting. B) Forestry. C) Clear-cutting. D) Deforestation. Show Answer Correct Answer: D) Deforestation. 6. Consider the Solow model q=100k0.5. If growth were due exclusively to capital accumulation, this model would result in a steady-state output of 3, 000 and a steady-state capital stock of 900. What would happen if the model's multifactor productivity coefficient increased from 100 to 200? A) The growth per capita would beq*'=6, 000 with k*'=200. B) The growth per capita would beq*'=6, 000 with k*=900. C) The growth per capita would beq*=3, 000 with k*=900. D) The growth per capita would beq*'=7, 000 with k*'=200. Show Answer Correct Answer: B) The growth per capita would beq*'=6, 000 with k*=900. 7. The source of data for this study is, A) Pakistan Demographic and Health Survey. B) PakistanSocial and Living Standards Measurement survey. Show Answer Correct Answer: B) PakistanSocial and Living Standards Measurement survey. 8. Which is the demerit of classical's description of labour market? A) Distinction between labour power and labourer. B) State of rest or stationarity at the equilibrium level. C) Prevalence of two wage rates:W(H) & W(L). D) All the above. Show Answer Correct Answer: B) State of rest or stationarity at the equilibrium level. 9. Which year Gender Adjusted HDI was introduced A) 1995. B) 1990. C) 2000. D) 2005. Show Answer Correct Answer: A) 1995. 10. What is the focus of the Mekong Inclusion Project? A) Promoting inclusive economic growth in the Mekong region. B) Enhancing access to healthcare services for marginalized communities. C) Advocating for indigenous rights and land protection. D) Promoting local community participation in water resource governance. Show Answer Correct Answer: D) Promoting local community participation in water resource governance. 11. In this study, the authors examined the impact of the 2010 floods on children's schooling by taking the ..... level data. A) Region. B) Province. C) Mohallah. D) District. Show Answer Correct Answer: D) District. 12. What is the share of the global population that is breathing unhealthy air? A) 75%. B) 30%. C) 95%. D) 50%. Show Answer Correct Answer: C) 95%. 13. The Essay on the Principle of Population was written by A) The World Bank. B) Julian Simon. C) Abraham Lincoln. D) Thomas Robert Malthus. Show Answer Correct Answer: D) Thomas Robert Malthus. 14. In Lee et al. (2019) households' surveys responses about accepting credits to connect to the grid are consistent with households' behaviours once the subsidies are actually offered. A) False. B) True. Show Answer Correct Answer: A) False. 15. Who gave the Big Push Theory A) Hicks. B) Smith. C) Keynes. D) Rodan. Show Answer Correct Answer: D) Rodan. 16. How long has Oxfam been operating in Vietnam? A) Almost 70 years. B) 50 years. C) 10 years. D) 30 years. Show Answer Correct Answer: A) Almost 70 years. 17. If a business specialises in fishing then it would be classed as operating in which economic sector? A) Primary. B) Quarternary. C) Secondary. D) Tertiary. Show Answer Correct Answer: A) Primary. ← PreviousRelated QuizzesEconomics QuizzesFinance QuizzesDevelopment Economics Quiz 1Development Economics Quiz 2Development Economics Quiz 3Development Economics Quiz 4Development Economics Quiz 5 🏠 Back to Homepage 📘 Download PDF Books 📕 Premium PDF Books