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Development Economics
» Introduction »
Basic Facts of Growth and Development
» Basic Facts of Growth and Development - Practice Questions
Basic Facts of Growth and Development - Practice Questions
1. The difference in GDP per capita between the world’s wealthiest and poorest nations is ________________.
*
about fifty times
greater than 100 times
twenty five times
2. The marked differences in GDP per capita between rich and poor countries has ________________.
*
greatly diverged in the past 200 years
shown signs of convergence in the past 200 years
remained unchanged in the past 200 years
3. In economic development, we see some countries experience immense growth while others experience extreme economic decline. These rapid changes in growth are more commonly known as growth _______________.
*
miracles and growth disasters
the Easterly unexplained growth hypothesis
neither a. nor b.
