Question 1

The "Asian miracle" refers to the:

Accepted Answer

A)   success that countries like Japan, South Korea, and Taiwan have had with export-led growth policy.
B)   fact that countries in Asia have managed to promote human development without strong economic growth.
C)   fact that countries like Japan and South Korea have had consistent growth despite failing industrial policies.
D)   high growth that countries like Japan and South Korea have experienced in the absence of a democratic government.E) B) and C)
F) A) and D)

Question 2

Between 1999 and 2019, more children attended school:

Accepted Answer

A)   only in countries with strong economic growth.
B)   only in countries with free college education.
C)   across the globe, even in countries that did not experience strong economic growth.
D)   in developing countries, which contributed to a drop in family cohesiveness.E) A) and B)
F) A) and C)

Question 3

According to the Gallup World Values Survey, 40 percent of those living in the poorest quartile of countries would like to:

Accepted Answer

A)   get more education.
B)   receive more aid.
C)   trade freely.
D)   emigrate.E) All of the above
F) A) and B)

Question 4

Few people immigrate to rich countries because:

Accepted Answer

A)   rich countries have immigration restrictions that make it difficult.
B)   they receive higher returns on specialized degrees in developing countries.
C)   people tend to be more comfortable immigrating to another country at the same level of development.
D)   many countries place high taxes on income earned abroad.E) C) and D)
F) A) and B)

Question 5

Developing countries:

Accepted Answer

A)   should avoid trade until they are ready to compete globally.
B)   should focus on importing goods rather than relying on export-led growth.
C)   can use imports as a major source of development.
D)   can use trade as a major source of development.E) B) and C)
F) A) and D)

Question 6

A study of health care provisions in Delhi, India by Hammer and Das found:

Accepted Answer

A)   doctors often work at or beyond their knowledge frontier in spite of lower pay.
B)   doctors in public clinics are often more creative in diagnoses and care than doctors in private facilities.
C)   health care clinics in poorer areas provide lower quality care because doctors often are working below their knowledge frontier.
D)   national health insurance programs consistently provide quality care.E) B) and D)
F) A) and D)

Question 7

Peruvian economist Hernando de Soto claims that the weak titling system in Latin America results in:

Accepted Answer

A)   dead capital.
B)   faster economic growth.
C)   low inflation.
D)   weaker governance.E) All of the above
F) A) and D)

Question 8

As school attendance has increased globally, policymakers are now challenged with increasing the:

Accepted Answer

A)   availability of childhood education.
B)   quality of childhood education.
C)   availability of college education.
D)   consistency of education across countries.E) B) and D)
F) B) and C)

Question 9

What do countries gain by opening up to free trade?

Accepted Answer

A)   They gain access to a wider array of goods at cheaper prices.
B)   They gain access to a wider array of goods, but generally have to pay more for those goods.
C)   They gain access to a wider array of goods, but only if they implement environmental and labor regulations to export goods.
D)   They receive more international assistance as long as they comply with new trade regulations.E) All of the above
F) A) and C) A

Question 10

China is an example of a country that has:

Accepted Answer

A)   achieved economic growth without a democratic regime.
B)   achieved economic growth only after a democratic regime was put in place.
C)   failed to achieve economic growth, despite having an autocratic regime.
D)   failed to achieve economic growth, despite having a democratic regime.E) C) and D)
F) B) and D)

Question 11

All of the following are examples of capabilities except the ability to:

Accepted Answer

A)   find secure and meaningful work.
B)   afford a new sports car.
C)   live free of the fear of violence.
D)   acquire nutritious food.E) A) and D)
F) B) and C)

Question 12

What is a problem associated with import substitution as an industrial policy?

Accepted Answer

A)   It removes the incentive for industries to be efficient.
B)   Industries are often chosen for political, and not economic, reasons.
C)   It often stays in place long after it was expected to lapse.
D)   All of these are problems associated with import substitution.E) C) and D)
F) None of the above

Question 13

Which of the following cannot be evaluated with randomized controlled trials?

Accepted Answer

A)   The effectiveness of changes in trade policy
B)   The health benefits of providing families with insecticide-treated bed nets
C)   Changes in school attendance caused by deworming programs
D)   The impact of microfinance programsE) A) and C)
F) A) and B)

Question 14

Those living in the poorest quartile of countries would like to emigrate because:

Accepted Answer

A)   earnings are higher for the same skill level in richer countries.
B)   their governments tend to offer incentives to those who leave.
C)   the cost of living is lower in richer countries.
D)   All of these are true.E) B) and D)
F) A) and B)

Question 15

Which of the following is a reason why health care improvements often don't happen?

Accepted Answer

A)   Improvements are too expensive to implement.
B)   Doctors overprescribe testing and procedures, driving health care costs too high.
C)   Health care facilities don't exist in some parts of the world.
D)   Improvements are too expensive to have any significant impact.E) B) and C)
F) A) and D)

Question 16

Which country has had success with clustering?

Accepted Answer

A)   Japan
B)   Liberia
C)   China
D)   BangladeshE) C) and D)
F) None of the above

Question 17

Economist Jeffrey Sachs' "big push" theory holds that escaping from poverty traps requires:

Accepted Answer

A)   simultaneous investments in a wide variety of sectors.
B)   a large, one-time aid investment.
C)   developed nations to push developing nations into following beneficial policies.
D)   large investments in trade infrastructure to push developing countries into greater participation in the world economy.E) A) and C)
F) B) and C) A

Question 18

Which of the following is an impact investing organization?

Accepted Answer

A)   IMF
B)   UNDP
C)   The Peace Corps
D)   The Acumen FundE) B) and D)
F) B) and C) D

Question 19

The U.S. gives foreign aid primarily through:

Accepted Answer

A)   the World Bank.
B)   UNICEF.
C)   USAID.
D)   the Peace Corps.E) B) and C)
F) C) and D)

Question 20

The capabilities approach considers:

Accepted Answer

A)   how much total output changes over time in a society.
B)   what people can be and how much people can do in a society.
C)   how to develop physical capital in an economy.
D)   the environmental impact of economic growth.E) All of the above
F) B) and D)

Exam 19: Developmenteconomics

The "Asian miracle" refers to the:

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Between 1999 and 2019, more children attended school:

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According to the Gallup World Values Survey, 40 percent of those living in the poorest quartile of countries would like to:

Correct AnswerverifiedShow Answer

Few people immigrate to rich countries because:

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Developing countries:

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A study of health care provisions in Delhi, India by Hammer and Das found:

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Peruvian economist Hernando de Soto claims that the weak titling system in Latin America results in:

Correct AnswerverifiedShow Answer

As school attendance has increased globally, policymakers are now challenged with increasing the:

Correct AnswerverifiedShow Answer

What do countries gain by opening up to free trade?

Correct AnswerverifiedA

China is an example of a country that has:

Correct AnswerverifiedShow Answer

All of the following are examples of capabilities except the ability to:

Correct AnswerverifiedShow Answer

What is a problem associated with import substitution as an industrial policy?

Correct AnswerverifiedShow Answer

Which of the following cannot be evaluated with randomized controlled trials?

Correct AnswerverifiedShow Answer

Those living in the poorest quartile of countries would like to emigrate because:

Correct AnswerverifiedShow Answer

Which of the following is a reason why health care improvements often don't happen?

Correct AnswerverifiedShow Answer

Which country has had success with clustering?

Correct AnswerverifiedShow Answer

Economist Jeffrey Sachs' "big push" theory holds that escaping from poverty traps requires:

Correct AnswerverifiedA

Which of the following is an impact investing organization?

Correct AnswerverifiedD

The U.S. gives foreign aid primarily through:

Correct AnswerverifiedShow Answer

The capabilities approach considers:

Correct AnswerverifiedShow Answer

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