Economics MCQs

Page No. 317

Throughout most of humankind’s existence, population grew at a rate of ________ per year?


a 10%


b 0.002%


c2%


d0.5%


View Answer 0.002%

A period of rapid population growth between a preindustrial stable population characterized by high birth and death rates and a later modern, stable population marked by low fertility and mortality is known as ?


a demographic transition


bpopulation maturity


cdemobilizing population


d birth-death transformation



Peer borrowing groups of five or so people with joit liability approve loans to other members as a substitute for the bank’s screening process The above statement applies to ?


a Indonesia’s Badan Kredit Kecamatan (BKK)


b the Association for Development of Microenterprice


cBangladesh’s Grameen Bank


d the Enterprice credit program in Kolkata



The elasticity of propoor growth is ?


athe percentage increase in the consumption growth of the poor divided by percentage increase in the consumption growth of the nonpoor


bthe percentage increase in the poor times percentage increase in the nonpoor


cthe percentage increase in the poverty of the poor divided by percentage increase in the poverty of the nonpoor


dthe percentage increase in the poor people in the Urban divided by percentage increase in the nonpoor in the urban



Income inequalities are often shown on a ?


a production possibility curve


bmarginal inequality curve


csen curve


dLorenz curve


View Answer Lorenz curve

Sen’s welfare theory relies on ?


aindividuals’ accomplishments


b individuals’ capabilities


c individuals’ wealth


d individuals’ education



According to Human Development Report 2003, about ________ countries were poorer in 2003 than in 1990?


a50


b100


c1000


d5


View Answer 50

Sala-i-Martin interpolates income distribution by ?


aquientiles


b percentiles


csimulation


drelative ratio measures


View Answer simulation

The Lorenz curve shows ?


a patterns of poverty between developed and developing countries


bthe change in GDP per capita over time


c the poorest’s income shares fall in the early stages of growth


dincome concentration relative to a 45-degree line



In 2003, the UN Development Program estimated that a 1-percent LDC per capita consumption growth, with income inequality unchanging, would reduce the poverty percentage by _________ percent yearly?


a 0


b 2


c 6


d0.5


View Answer 2

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