Projections place world population by 2050 at
(a) between 4 and 6 billion.
(b) between 6 and 8 billion.
(c) between 8 and 10 billion.
(d) between 10 and 12 billion.
Question 2 - Which of the following is a rationale for development planning?
(a) government failure.
(b) market failure.
(c) failure of consumers to understand their preferences.
(d) all of the above are rationales for development planning.
(e) none of the above are rationales for development planning.
Question 3 - Comment on the following statement: The level and growth rate of real GDP per capita can be a misleading indicator of development.
At the same time, countries that experience sustained increases in real GDP per capita over time will tend to be more developed.
Question 4 - Labor-market regulations in developing countries
a. always reduce employment
b. usually reduce employment
c. may reduce employment, but the evidence is weak
d. rarely reduce employment
e. none of the above
Question 5 - How would government's role differ between the balanced and unbalanced growth models?
What will be an ideal response?
Question 6 - India is expected to surpass the population of China in the next decade or so? What differences between these two nations could have contributed to this outcome?
What will be an ideal response?
Question 7 - If countries are first ranked by level of real GDP per capita, and then by the value of the Human Development Index, would you expect the ranking of countries to be similar or different? Explain.
What will be an ideal response?
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