MCQOPTIONS
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MCQOPTIONS
This section includes 11 Mcqs, each offering curated multiple-choice questions to sharpen your Economics knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
The Lorenz curve shows ? |
| A. | patterns of poverty between developed and developing countries |
| B. | the change in GDP per capita over time |
| C. | the poorest’s income shares fall in the early stages of growth |
| D. | income concentration relative to a 45-degree line |
| Answer» B. the change in GDP per capita over time | |
| 2. |
The Human Development Report 2003, which assumes that poverty is multidimensional calculates a human poverty index based on which of the following measures of deprivation ?_x005F_x000D_I- probability at birth of not surviving to age 40_x005F_x000D_II- adult illiteracy rate_x005F_x000D_III- negative economic growth_x005F_x000D_IV- lack of a decent standard of living |
| A. | I and II only |
| B. | III and IV only |
| C. | I, II and III only |
| D. | I, II and IV |
| Answer» E. | |
| 3. |
The elasticity of propoor growth is ? |
| A. | the percentage increase in the consumption growth of the poor divided by percentage increase in the consumption growth of the nonpoor |
| B. | the percentage increase in the poor times percentage increase in the nonpoor |
| C. | the percentage increase in the poverty of the poor divided by percentage increase in the poverty of the nonpoor |
| D. | the percentage increase in the poor people in the Urban divided by percentage increase in the nonpoor in the urban |
| Answer» B. the percentage increase in the poor times percentage increase in the nonpoor | |
| 4. |
Sala-i-Martin interpolates income distribution by ? |
| A. | quientiles |
| B. | percentiles |
| C. | simulation |
| D. | relative ratio measures |
| Answer» D. relative ratio measures | |
| 5. |
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 |
| C. | Bangladesh’s Grameen Bank |
| D. | the Enterprice credit program in Kolkata |
| Answer» E. | |
| 6. |
_________ is below the income that secures the bare essentials of food clothing and shelter ? |
| A. | Income inequality |
| B. | Absolute poverty |
| C. | sen’s poverty index |
| D. | purchasing power poverty |
| Answer» C. sen’s poverty index | |
| 7. |
Indices of income distribution measure ? |
| A. | absolute poverty |
| B. | economic growth |
| C. | relative poverty |
| D. | standard of living |
| Answer» D. standard of living | |
| 8. |
Income inequalities are often shown on a ? |
| A. | production possibility curve |
| B. | marginal inequality curve |
| C. | sen curve |
| D. | Lorenz curve |
| Answer» E. | |
| 9. |
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 |
| D. | 0.5 |
| Answer» C. 6 | |
| 10. |
According to Human Development Report 2003, about ________ countries were poorer in 2003 than in 1990? |
| A. | 50 |
| B. | 100 |
| C. | 1000 |
| D. | 5 |
| Answer» B. 100 | |
| 11. |
A value of 1 in Gini index represents ? |
| A. | low inequality |
| B. | maximum inequality |
| C. | 10/10 000% inequality |
| D. | 1% inequality |
| Answer» C. 10/10 000% inequality | |