Question 1

The low per capita outputs of the DVCs are explained by

Accepted Answer

A)   insuﬃcient saving and investment.
B)   overinvestment in human capital.
C)   slow population growth.
D)   excessively rapid technological advance.E) B) and D)
F) B) and C)

Question 2

In recent years, the industrially advanced nations as a group have provided foreign aid amounting to about what percentage of their aggregate outputs?

Accepted Answer

A)   0.25 percent
B)   0.7 percent
C)   1 percent
D)   2 percentE) A) and B)
F) None of the above

Question 3

Country  Per Capita Income, 2017A$621B14,894C31,555D3,498E2,005\begin{array} { | c | c | } \hline 	ext { Country } & 	ext { Per Capita Income, } 2017 \\hline A & \$ 621 \\hline B & 14,894 \\hline C & 31,555 \\hline D & 3,498 \\hline E & 2,005 \\hline\end{array} Country ABCDE​ Per Capita Income, 2017$62114,89431,5553,4982,005​​  Which of the given nations would be middle-income developing countries (DVCs) , according to the World Bank?

Accepted Answer

A)   country E only
B)   countries A, D, and E
C)   countries D and E
D)   country D only E) A) and B)
F) B) and C)

Question 4

To be classiﬁed as a low-income developing country, annual per capita income in 2017 needed to be

Accepted Answer

A)   $995 or less.
B)   $628 or less.
C)   $2,018 or less.
D)   $800 or less.E) B) and D)
F) A) and D)

Question 5

Which of the following is not part of a nation's infrastructure?

Accepted Answer

A)   communications facilities
B)   roads, highways, and bridges
C)   the electrical power system
D)   industrial plants and equipmentE) None of the above
F) A) and B)

Question 6

Which of these sets of nations consists of high-income economies?

Accepted Answer

A)   Brazil, Thailand, and South Africa
B)   China, India, and Russia
C)   Canada, Switzerland, and France
D)   United States, South Korea, and MexicoE) B) and C)
F) A) and B)

Question 7

A study concludes that in DVCs, rising incomes must ﬁrst be achieved and only then will there be slower population growth. What view of DVC population growth would this study be supporting?

Accepted Answer

A)   traditional view
B)   peasant agriculture view
C)   the will-to-develop view
D)   demographic transition viewE) A) and C)
F) A) and D)

Question 8

In recent years, many DVCs have come to realize that

Accepted Answer

A)   expanded international trade is harmful to DVCs.
B)   private capital investment is essential for economic growth in DVCs.
C)   the International Monetary Fund is the major institutional barrier to economic growth.
D)   government involvement in economic development is the only avenue for economic growth.E) None of the above
F) A) and B)

Question 9

All developing countries suffer from a critical shortage of

Accepted Answer

A)   land.
B)   population.
C)   capital goods.
D)   government regulation.E) All of the above
F) A) and C)

Exam 22: The Economics of Developing Countries

All developing countries suffer from a critical shortage of

Correct Answer
verified

In recent years, the industrially advanced nations as a group have provided foreign aid amounting to about what percentage of their aggregate outputs?

Correct Answer
verified

A study concludes that in DVCs, rising incomes must ﬁrst be achieved and only then will there be slower population growth. What view of DVC population growth would this study be supporting?

Correct Answer
verified

Which of these sets of nations consists of high-income economies?

Correct Answer
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To be classiﬁed as a low-income developing country, annual per capita income in 2017 needed to be

Correct Answer
verified

Which of the following is not part of a nation's infrastructure?

Correct Answer
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In recent years, many DVCs have come to realize that

Correct Answer
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The low per capita outputs of the DVCs are explained by

Correct Answer
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Exam 22: The Economics of Developing Countries

All developing countries suffer from a critical shortage of

Correct AnswerverifiedShow Answer

In recent years, the industrially advanced nations as a group have provided foreign aid amounting to about what percentage of their aggregate outputs?

Correct AnswerverifiedShow Answer

A study concludes that in DVCs, rising incomes must ﬁrst be achieved and only then will there be slower population growth. What view of DVC population growth would this study be supporting?

Correct AnswerverifiedShow Answer

Which of these sets of nations consists of high-income economies?

Correct AnswerverifiedShow Answer

To be classiﬁed as a low-income developing country, annual per capita income in 2017 needed to be

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Which of the following is not part of a nation's infrastructure?

Correct AnswerverifiedShow Answer

In recent years, many DVCs have come to realize that

Correct AnswerverifiedShow Answer

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The low per capita outputs of the DVCs are explained by

Correct AnswerverifiedShow Answer

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