Development economics is a branch of economics which deals with economic aspects of the development process in low income countries. Study development economy in a fun way in this quiz and get your results at the end of the quiz, ALL THE BEST!
True
False
Top 40% and Bottom 40%
Top 40% and Bottom 20%
Top 20% and Bottom 40%
Top 20% and Bottom 40%
Lorenz Curve
Gini Coefficient
Todaro Model
Harris-Todaro Equilibrium
True
False
Lorenz Criterion
Gini coefficent
Malthusian Population trap
Functional Distribution
Income Poverty
Total Poverty Gap
Average Poverty Gap
Normalized Poverty Gap
True
False
Normalized Poverty Gap
Total Poverty Gap
Average Poverty Gap
Income Poverty Gap
True
False
True
False
Reducing poverty creates better access to credit
Reducing poverty can increase productivity
Raising incomes of the poor and thus raises the demand for local necessities
Reducing mass poverty creates an incentive to participate in development
Promotes savings and invests
Total Income Growth Line
Malthusian Population Trap
Kuznets Inverted U-Hypothesis
Lorenz Criterion
True
False
True
False
Income per capita will not change
Income per capita will continue to grow
Income per capita will fall back
More information is necessary
Income per capita will continue to grow
Income per capita will remain stagant
Population growth will expand
Population growth and Income per capita will be uneffected
Technological progress
Social progress
Neither progress
Both progresses
True
False
True
False
True
False
True
False
Households will be indifferent about the combinations on the same curve
Households will select the higher points on the same curve because it has higher utility
Combinations on higher curves have a higher level of utility
All the curves provide the same level of utility
True
False
An increase in the price of children
A decrease in the price of children
An increase in the price of other goods
A decrease in the price of other goods
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