Question 1

Improvement in the quality of human capital is not an important requirement for technology adoption.

Accepted Answer

A) True 
 B)False

Question 2

Which of the following is true?

Accepted Answer

A)  In low-income countries, 60 percent of those 15 and older were illiterate during the period of 2005 to 2009. 
B)  In middle-income countries, 25 percent of those 15 and older were illiterate during the period of 2005 to 2009. 
C)  In high-income countries, 2 percent of those 15 and older were illiterate during the period of 2005 to 2009. 
D)  Education bears little relationship to economic development in high-income countries. 
E)  Education is more important to the economic development of low-income countries than it is to high-income countries. 
A)  In low-income countries, 60 percent of those 15 and older were illiterate during the period of 2005 to 2009. 
B)  In middle-income countries, 25 percent of those 15 and older were illiterate during the period of 2005 to 2009. 
C)  In high-income countries, 2 percent of those 15 and older were illiterate during the period of 2005 to 2009. 
D)  Education bears little relationship to economic development in high-income countries. 
E)  Education is more important to the economic development of low-income countries than it is to high-income countries.

Question 3

A trend in developing countries is that _____

Accepted Answer

A)  the birth rate during a typical woman's lifetime has increased from three to six children. 
B)  attitudes toward family size are changing. 
C)  fertility rates increase when women have employment opportunities outside the home. 
D)  women earn less as they become better educated. 
E)  women tend to have fewer children if they are less educated. 
A)  the birth rate during a typical woman's lifetime has increased from three to six children. 
B)  attitudes toward family size are changing. 
C)  fertility rates increase when women have employment opportunities outside the home. 
D)  women earn less as they become better educated. 
E)  women tend to have fewer children if they are less educated.

Question 4

What measures the value of the output produced by the resources of a country?

Accepted Answer

A)  gross national product 
B)  real gross domestic product 
C)  nominal gross domestic product 
D)  gross national income 
E)  standard of living 
A)  gross national product 
B)  real gross domestic product 
C)  nominal gross domestic product 
D)  gross national income 
E)  standard of living

Question 5

Today, little foreign aid flows through private channels.

Accepted Answer

A) True 
 B)False

Question 6

Developing countries need to trade with developed countries because _____

Accepted Answer

A)  developing countries need to adopt the advanced ways of life seen in developed countries. 
B)  developing countries need the primary products that developed countries export. 
C)  developing countries lack unskilled labor, which they get from developed countries. 
D)  developing countries need technology and capital to increase productivity on farms, in factories, in office, and in homes. 
E)  developing countries export capital to developed countries and increase their foreign exchange reserve. 
A)  developing countries need to adopt the advanced ways of life seen in developed countries. 
B)  developing countries need the primary products that developed countries export. 
C)  developing countries lack unskilled labor, which they get from developed countries. 
D)  developing countries need technology and capital to increase productivity on farms, in factories, in office, and in homes. 
E)  developing countries export capital to developed countries and increase their foreign exchange reserve.

Question 7

Erbia, a small developing country, needs funds to develop their communication networks. Erbia is likely to approach _____ for assistance.

Accepted Answer

A)  the World Bank 
B)  the International Monetary Fund (IMF) 
C)  the United Nations Children's Fund (UNICEF) 
D)  the World Health Organization (WHO) 
E)  the World Trade Organization (WTO) 
A)  the World Bank 
B)  the International Monetary Fund (IMF) 
C)  the United Nations Children's Fund (UNICEF) 
D)  the World Health Organization (WHO) 
E)  the World Trade Organization (WTO)

Question 8

Japan's remarkable economic growth in the twentieth century was a result of _____

Accepted Answer

A)  heavy imports of primary products from South Asian countries. 
B)  a growth in education, leading to a ready acceptance of technology. 
C)  a rise in the price of oil, as Japan is an oil-rich country. 
D)  the migration of workers from Japan. 
E)  an increase in employment in the agricultural sector. 
A)  heavy imports of primary products from South Asian countries. 
B)  a growth in education, leading to a ready acceptance of technology. 
C)  a rise in the price of oil, as Japan is an oil-rich country. 
D)  the migration of workers from Japan. 
E)  an increase in employment in the agricultural sector.

Question 9

Which of the following is true?

Accepted Answer

A)  In low-income countries, 39 percent of those 15 and older were illiterate during the period of 2005 to 2009. 
B)  In middle-income countries, 25 percent of those 15 and older during the period of 2005 to 2009. 
C)  In high-income countries, 38 percent of those 15 and older during the period of 2005 to 2009. 
D)  Education bears little relationship to economic development in high-income countries. 
E)  Education is more important to the economic development of low-income countries than it is to high-income countries. 
A)  In low-income countries, 39 percent of those 15 and older were illiterate during the period of 2005 to 2009. 
B)  In middle-income countries, 25 percent of those 15 and older during the period of 2005 to 2009. 
C)  In high-income countries, 38 percent of those 15 and older during the period of 2005 to 2009. 
D)  Education bears little relationship to economic development in high-income countries. 
E)  Education is more important to the economic development of low-income countries than it is to high-income countries.

Question 10

Developing countries usually have _____

Accepted Answer

A)  lower rates of illiteracy. 
B)  lower unemployment. 
C)  faster population growth. 
D)  exports of only manufactured goods. 
E)  the efficient use of labor. 
A)  lower rates of illiteracy. 
B)  lower unemployment. 
C)  faster population growth. 
D)  exports of only manufactured goods. 
E)  the efficient use of labor.

Question 11

The World Health Organization (WHO) cites _____ as the biggest single threat to the world's public health.

Accepted Answer

A)  malnutrition 
B)  female genocide 
C)  nuclear radiation 
D)  yellow fever 
E)  the H1N1 virus 
A)  malnutrition 
B)  female genocide 
C)  nuclear radiation 
D)  yellow fever 
E)  the H1N1 virus

Question 12

Japan has one of the most developed economies in the world because Japan is rich in natural resources.

Accepted Answer

A) True 
 B)False

Question 13

Migration has no advantage for poor countries.

Accepted Answer

A) True 
 B)False

Question 14

Studies by the World Bank and others have underscored the successes of countries that have adopted _____

Accepted Answer

A)  import substitution. 
B)  export promotion. 
C)  trade liberalization policies. 
D)  brain drain. 
E)  trade restrictions. 
A)  import substitution. 
B)  export promotion. 
C)  trade liberalization policies. 
D)  brain drain. 
E)  trade restrictions.

Question 15

Who would a country approach for assistance with their balance of payments?

Accepted Answer

A)  the World Bank 
B)  the International Monetary Fund (IMF) 
C)  the United Nations Children's Fund (UNICEF) 
D)  the World Health Organization (WHO) 
E)  the World Trade Organization (WTO) 
A)  the World Bank 
B)  the International Monetary Fund (IMF) 
C)  the United Nations Children's Fund (UNICEF) 
D)  the World Health Organization (WHO) 
E)  the World Trade Organization (WTO)

Question 16

Which of the following resources is necessary to efficiently combine other resources to produce goods and services?

Accepted Answer

A)  natural resources 
B)  capital 
C)  labor 
D)  entrepreneurial ability 
E)  financial institutions 
A)  natural resources 
B)  capital 
C)  labor 
D)  entrepreneurial ability 
E)  financial institutions

Question 17

High-income economies in 2016 made up only _____ of the world's population, but accounted for _____ of world output.

Accepted Answer

A)  84 percent; 36 percent 
B)  16 percent; 64 percent 
C)  46 percent; 70percent 
D)  12 percent; 2 percent 
E)  70 percent; 46 percent 
A)  84 percent; 36 percent 
B)  16 percent; 64 percent 
C)  46 percent; 70percent 
D)  12 percent; 2 percent 
E)  70 percent; 46 percent

Question 18

What do many migrants who find jobs in industrial countries send back home?

Accepted Answer

A)  raw materials 
B)  finished goods 
C)  electronic goods 
D)  foreign exchange 
E)  food items 
A)  raw materials 
B)  finished goods 
C)  electronic goods 
D)  foreign exchange 
E)  food items

Question 19

Which of the following is likely to be a characteristic of a developing country?

Accepted Answer

A)  a high rate of illiteracy 
B)  a low rate of population growth 
C)  a high rate of economic growth 
D)  the export of only manufactured goods 
E)  the efficient use of labor 
A)  a high rate of illiteracy 
B)  a low rate of population growth 
C)  a high rate of economic growth 
D)  the export of only manufactured goods 
E)  the efficient use of labor

Question 20

Most U.S. aid has been coordinated by the _____

Accepted Answer

A)  U.S. Agency for International Development. 
B)  United Nations. 
C)  United States Treasury. 
D)  U.S. Agency for Foreign Intervention. 
E)  World Trade Organization. 
A)  U.S. Agency for International Development. 
B)  United Nations. 
C)  United States Treasury. 
D)  U.S. Agency for Foreign Intervention. 
E)  World Trade Organization.

Improvement in the quality of human capital is not an important requirement for technology adoption.

Which of the following is true?

A trend in developing countries is that _____

What measures the value of the output produced by the resources of a country?

Today, little foreign aid flows through private channels.

Developing countries need to trade with developed countries because _____

Erbia, a small developing country, needs funds to develop their communication networks. Erbia is likely to approach _____ for assistance.

Japan's remarkable economic growth in the twentieth century was a result of _____

Which of the following is true?

Developing countries usually have _____

The World Health Organization (WHO) cites _____ as the biggest single threat to the world's public health.

Japan has one of the most developed economies in the world because Japan is rich in natural resources.

Migration has no advantage for poor countries.

Studies by the World Bank and others have underscored the successes of countries that have adopted _____

Who would a country approach for assistance with their balance of payments?

Which of the following resources is necessary to efficiently combine other resources to produce goods and services?

High-income economies in 2016 made up only _ of the world's population, but accounted for _ of world output.

What do many migrants who find jobs in industrial countries send back home?

Which of the following is likely to be a characteristic of a developing country?

Most U.S. aid has been coordinated by the _____

The Art and Science of Economic Analysis.

Economic Tools and Economic Systems.

Economic Decision Makers.

Demand, Supply, and Markets.

Introduction to Macroeconomics.

Tracking the U. S. Economy.

Unemployment and Inflation.

Productivity and Growth.

Aggregate Demand.

Aggregate Supply.

Fiscal Policy.

Federal Budgets and Public Policy.

Money and the Financial System.

Banking and the Money Supply.

Monetary Theory and Policy.

Macro Policy Debate: Active or Passive?

International Trade.

International Finance.

Filters

Exam 19: Economic Development.

Improvement in the quality of human capital is not an important requirement for technology adoption.

Which of the following is true?

A trend in developing countries is that _____

What measures the value of the output produced by the resources of a country?

Today, little foreign aid flows through private channels.

Developing countries need to trade with developed countries because _____

Erbia, a small developing country, needs funds to develop their communication networks. Erbia is likely to approach _____ for assistance.

Japan's remarkable economic growth in the twentieth century was a result of _____

Which of the following is true?

Developing countries usually have _____

The World Health Organization (WHO) cites _____ as the biggest single threat to the world's public health.

Japan has one of the most developed economies in the world because Japan is rich in natural resources.

Migration has no advantage for poor countries.

Studies by the World Bank and others have underscored the successes of countries that have adopted _____

Who would a country approach for assistance with their balance of payments?

Which of the following resources is necessary to efficiently combine other resources to produce goods and services?

High-income economies in 2016 made up only _____ of the world's population, but accounted for _____ of world output.

What do many migrants who find jobs in industrial countries send back home?

Which of the following is likely to be a characteristic of a developing country?

Most U.S. aid has been coordinated by the _____

The Art and Science of Economic Analysis.

Economic Tools and Economic Systems.

Economic Decision Makers.

Demand, Supply, and Markets.

Introduction to Macroeconomics.

Tracking the U. S. Economy.

Unemployment and Inflation.

Productivity and Growth.

Aggregate Demand.

Aggregate Supply.

Fiscal Policy.

Federal Budgets and Public Policy.

Money and the Financial System.

Banking and the Money Supply.

Monetary Theory and Policy.

Macro Policy Debate: Active or Passive?

International Trade.

International Finance.

Filters

High-income economies in 2016 made up only _ of the world's population, but accounted for _ of world output.