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Chapter 22W - The Economics of Developing Countries
1. According to the United Nations, approximately what percentage of the world's income is
received by the richest one-fifth of the world's population?
2. Approximately what percent of the world's income is received by the poorest one-fifth of
the world's population?
Chapter 22W - The Economics of Developing Countries
3. Which of the above nations would be low-income developing countries (DVCs), according
to the World Bank?
4. Which of the above nations would be middle-income developing countries (DVCs),
according to the World Bank?
Chapter 22W - The Economics of Developing Countries
5. Which of the above nations would be high-income countries (IACs), according to the
World Bank?
6. Refer to the above table. If per capita income increases by 10 percent over five years in
each of the nations shown, the per capita income gap between country C and country A:
7. Refer to the above table. Which of the following might reduce the per capita income gap
between countries A and E?
Chapter 22W - The Economics of Developing Countries
8. Which of the following is not inversely related to per capita income?
9. Which of these sets of nations are considered high-income economies?
10. Which of these sets of nations are low-income developing nations?
Chapter 22W - The Economics of Developing Countries
11. The United States has about ___ percent of the world's population and produces about ___
percent of the world output.
12. In 2008, the GDP of the United States was approximately:
13. Which of the following includes only examples of industrially advanced countries
(IACs)?
Chapter 22W - The Economics of Developing Countries
14. To be classified as a low-income developing country, annual per capita income in 2008
needed to be:
15. Examples of low-income developing countries are:
16. The very poorest low-income DVCs typically have relatively:
Chapter 22W - The Economics of Developing Countries
17. If two nations have different per capita income levels and their rates of economic growth
are identical, then the absolute per capita income differential:
18. Most of the world's population lives in:
19. Which of the following does not correlate positively with economic growth?
Chapter 22W - The Economics of Developing Countries
20. The exports of the DVCs consist largely of:
21. The DVCs are:
22. The absolute income gap between the IACs and the DVCs has:
Chapter 22W - The Economics of Developing Countries
23. Assume a DVC has a real per capita output of $1,000 as compared to $20,000 for an IAC.
If both nations realize a 4 percent growth of their real per capita outputs, after one year the
absolute real per capita output gap will:
24. If the real GDP of a DVC increases from $600 billion to $630 billion and its population
increases from 200 million to 216 million, its real per capita GDP will have:
25. In recent decades:
Chapter 22W - The Economics of Developing Countries
26. If population is expanding at the same rate as real output:
27. If the real output of a DVC increases from $200 billion to $260 billion and its population
increases from 100 to 120 million, its real per capita output will have:
28. Suppose that Alpha's real output rose from $400 billion in year 1 to $428 billion in year 2.
Its growth rate for this period was:
Chapter 22W - The Economics of Developing Countries
29. Over the next fifteen years, ___ out of every 10 people added to the world's population
will be born in developing countries.
30. Which attitude or custom is the most conducive to long-term economic growth?
31. Which of the following is typically not a problem for low-income DVCs?
Chapter 22W - The Economics of Developing Countries
32. Increases in the total real output of many DVCs do not increase the nation's standard of
living because:
33. At the present time the largest percentage of the national incomes of the low-income
DVCs is used for:
34. The populations of the developing nations are growing:
Chapter 22W - The Economics of Developing Countries
35. Underemployment occurs:
36. Rapid population growth can be an obstacle to economic development because:
37. Population growth remains high in most DVCs because:
Chapter 22W - The Economics of Developing Countries
38. The demographic transition view alleges that:
39. For DVC per capita incomes to rise, birth rates must first be reduced. This statement
describes the:
40. Per capita incomes must first grow for birth rates to decline. This statement describes the:
Chapter 22W - The Economics of Developing Countries
41. The demographic transition concept suggests that:
42. The demographic transition view of population growth argues that, on average (and as
perceived by parents) the marginal:
43. In the DVCs, underemployment frequently takes the form of:
Chapter 22W - The Economics of Developing Countries
44. Which of the following is (are) characteristic of DVCs?
45. The "brain drain" problem in the DVCs refers to the fact that the best-educated workers:
46. Capital flight from the DVCs may be caused by:
Chapter 22W - The Economics of Developing Countries
47. When economists refer to capital flight, they are speaking of an:
48. Capital flight is a problem to DVCs because it:
49. Capital flight refers to:
Chapter 22W - The Economics of Developing Countries
50. Most of the DVCs find it difficult to accumulate capital goods because:
51. All of the following contribute to low investment spending in DVCs except:
52. Which of the following is not part of a nation's infrastructure?
