Question 1

In many developing countries, the system of titling is:

Accepted Answer

A)   weak, allowing more and faster investment.
B)   weak, slowing economic development.
C)   strong, slowing the amount of property transfer.
D)   strong, slowing economic growth.E) A) and D)
F) B) and D)

Question 2

An example of a capability would be the ability to:

Accepted Answer

A)   take a vacation over a long weekend.
B)   live free of the fear of violence.
C)   afford a luxury home.
D)   purchase an item you really want.E) C) and D)
F) A) and B)

Question 3

Impact investors are willing to be more patient, take greater risks, and sometimes accept lower financial returns as long as they're convinced that their money:

Accepted Answer

A)   is being used to create social change.
B)   will have a better financial return in the long run.
C)   is gaining more worth than it would in domestic investments.
D)   None of these statements is true.E) B) and D)
F) C) and D)

Question 4

Tariffs are:

Accepted Answer

A)   taxes on exports.
B)   subsidies for imports.
C)   taxes on imports.
D)   subsidies for exports.E) A) and B)
F) A) and C)

Question 5

Foreign aid got its start after World War II, when:

Accepted Answer

A)   several European countries began offering aid to help one another recover.
B)   the United States gave $12 billion to help rebuild several European countries.
C)   the United Kingdom gave $12 billion to help rebuild several European countries.
D)   several European countries gave $12 billion in reparations.E) None of the above
F) A) and B)

Question 6

Randomized controlled trials cannot:

Accepted Answer

A)   evaluate the impact of all policies and programs designed to promote economic development at the same time.
B)   provide a cost-benefit analysis for policymakers looking to implement the most efficient program.
C)   determine how people's lives will change through a program or policy compared to how they would have changed without it.
D)   provide surprising results about the most effective way to reduce poverty.E) None of the above
F) A) and B)

Question 7

What is a major criticism of giving foreign aid to developing countries?

Accepted Answer

A)   There is little to no accountability once the funds have been dispensed.
B)   The recipients of aid often have ill-defined goals that are not measurable.
C)   Much of the money may be embezzled or otherwise funnelled away from its intended recipients.
D)   All of these are major criticisms of giving foreign aid to developing countries.E) A) and B)
F) None of the above

Question 8

Which of the following would not be considered an industrial policy tool?

Accepted Answer

A)   Incentives for foreign portfolio investment
B)   Investment in research
C)   Incentives for foreign direct investment
D)   All of these are tools of industrial policy.E) None of the above
F) A) and B)

Question 9

Some development economists have recently pushed to:

Accepted Answer

A)   fund only those programs that prove to be effective.
B)   put more focus on a program's effectiveness.
C)   stop the trial and error process of funding programs that "might" work.
D)   All of these are true.E) A) and C)
F) All of the above

Question 10

Which of the following is a reason why national health care programs are not as effective as they could be?

Accepted Answer

A)   Health care providers tend to have a high absentee rate.
B)   Clinics continue to use traditional remedies.
C)   Many clinic doctors do not have sufficient knowledge to properly diagnose patients.
D)   Health care is still too expensive for the majority of the population.E) None of the above
F) A) and D)

Question 11

Economic growth focuses on _______, utility focuses on _______, and the capabilities approach focuses on _______.

Accepted Answer

A)   human development; individual pleasure; output
B)   output; human development; individual pleasure
C)   output; individual pleasure; human development
D)   human development; output; individual pleasureE) A) and B)
F) None of the above

Question 12

Development economists working in health care aim to:

Accepted Answer

A)   force doctors to practice good medicine.
B)   pass government policy mandating that families make better health care choices.
C)   increase the frequency of preventative medicine, such as childhood immunizations.
D)   increase government involvement in the production of necessary healthcare items.E) B) and D)
F) None of the above

Question 13

Since the 1980s and 1990s, many Asian countries have:

Accepted Answer

A)   supported export-led growth instead of import substitution policies.
B)   supported import substitution policies instead of export-led growth.
C)   conducted effective monetary policy.
D)   failed in their attempts at industrial clustering.E) All of the above
F) A) and C)

Question 14

Which of the following companies has received funding from impact investors?

Accepted Answer

A)   d.light design
B)   Pepsi
C)   YouTube
D)   Oculus VRE) C) and D)
F) B) and C)

Question 15

Development economists working in health care want to:

Accepted Answer

A)   force doctors to practice good medicine.
B)   incentivize families to make better health care choices.
C)   increase the effectiveness of healthcare systems.
D)   All of these are true.E) B) and C)
F) All of the above

Question 16

Impact evaluations answer which question?

Accepted Answer

A)   Will a developing country be able to put aid to productive use?
B)   How did people's lives change after a program or policy was put in motion, compared with how they would have changed without it?
C)   What is the effectiveness of various macro-level governmental or trade policies at promoting economic development?
D)   How will culture change as a result of economic development?E) B) and C)
F) C) and D)

Question 17

Which of the following is not a tool of industrial policy?

Accepted Answer

A)   Subsidies
B)   Trade barriers
C)   Tax breaks
D)   Interest rate controlsE) A) and B)
F) A) and D)

Question 18

When governments choose to favor some industries over others, they undertake:

Accepted Answer

A)   industrial espionage.
B)   corporate growth policy.
C)   corporate pricing policy.
D)   industrial policy.E) C) and D)
F) B) and C)

Question 19

Which of the following does not limit people's capabilities?

Accepted Answer

A)   Market failures
B)   Income
C)   Economic growth
D)   Political repressionE) A) and D)
F) A) and C)

Question 20

Which of the following scenarios is an example of a poverty trap?

Accepted Answer

A)   Children have to work rather than attending school because the family cannot afford school fees.
B)   A family is able to work less after receiving new farming equipment.
C)   A government increases its investment in health clinics.
D)   All of these are examples of poverty traps.E) None of the above
F) A) and D)

Exam 19: Developmenteconomics

When governments choose to favor some industries over others, they undertake:

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Some development economists have recently pushed to:

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An example of a capability would be the ability to:

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Impact evaluations answer which question?

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Economic growth focuses on _______, utility focuses on _______, and the capabilities approach focuses on _______.

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Foreign aid got its start after World War II, when:

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What is a major criticism of giving foreign aid to developing countries?

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Development economists working in health care want to:

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In many developing countries, the system of titling is:

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Which of the following is a reason why national health care programs are not as effective as they could be?

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Impact investors are willing to be more patient, take greater risks, and sometimes accept lower financial returns as long as they're convinced that their money:

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Which of the following companies has received funding from impact investors?

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Randomized controlled trials cannot:

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Tariffs are:

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Which of the following does not limit people's capabilities?

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Which of the following is not a tool of industrial policy?

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Which of the following would not be considered an industrial policy tool?

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Development economists working in health care aim to:

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Since the 1980s and 1990s, many Asian countries have:

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Which of the following scenarios is an example of a poverty trap?

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Economic growth focuses on ___, utility focuses on _, and the capabilities approach focuses on _____.

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