Economic Development
Development Economics: 01:220:339:01 ¤ Rutgers University ¤ Professor Ira Gang
Prerequisites: Intermediate Microeconomics, Intermediate Macroeconomics, Econometrics Email: gang at economics.rutgers.edu Include 339 in the subject line ¤ Course Materials Home ¤ Lecture Schedule, Exam Dates, Readings, Problems ¤ Requirements and Grading ¤ Learning Goals ¤ Exams, Rules, Advice ¤ Sample Exam Questions ¤ Course Structure & Prerequisites Sample Test Questions for Development Economics 339
Below are a set of sample test questions taken from previous exams in Development Economics 339. The answers are indicated by the *. Please note that it is possible that questions may have the * in the wrong place. You should think through all of these.
Also, these are only sample questions. They are put here because students often think it is helpful to see past exams. The fact that these are here does not represent a commitment that questions on your exam will be like these or on the same subject matter. This is especially so because the subject matter and organization of the course has recently been adjusted. In addition, as the material covered between exams changes semester to semester, the questions here are not broken into specific exams.
1. A supply side vicious circle of poverty suggests that poor nations remain poor because
a. saving remains low b. investment remains low c. there is a lack of effective government d. all of the above e.* a and b above
2. The International Comparisons Project, which used purchasing power parity rates rather than market exchange rates, has found that the real standard of living in many less developed countries (LDCs) is even lower than indicated by their dollar per-capita income.
a. true b.* false
3. As incomes rise there tends to be a shift of labor from the services sector to the industrial sector.
a. true b.* false
4. Which of the following is not typically an element in the structural change that accompanies
Prerequisites: Intermediate Microeconomics, Intermediate Macroeconomics, Econometrics Email: gang at economics.rutgers.edu Include 339 in the subject line ¤ Course Materials Home ¤ Lecture Schedule, Exam Dates, Readings, Problems ¤ Requirements and Grading ¤ Learning Goals ¤ Exams, Rules, Advice ¤ Sample Exam Questions ¤ Course Structure & Prerequisites Sample Test Questions for Development Economics 339
Below are a set of sample test questions taken from previous exams in Development Economics 339. The answers are indicated by the *. Please note that it is possible that questions may have the * in the wrong place. You should think through all of these.
Also, these are only sample questions. They are put here because students often think it is helpful to see past exams. The fact that these are here does not represent a commitment that questions on your exam will be like these or on the same subject matter. This is especially so because the subject matter and organization of the course has recently been adjusted. In addition, as the material covered between exams changes semester to semester, the questions here are not broken into specific exams.
1. A supply side vicious circle of poverty suggests that poor nations remain poor because
a. saving remains low b. investment remains low c. there is a lack of effective government d. all of the above e.* a and b above
2. The International Comparisons Project, which used purchasing power parity rates rather than market exchange rates, has found that the real standard of living in many less developed countries (LDCs) is even lower than indicated by their dollar per-capita income.
a. true b.* false
3. As incomes rise there tends to be a shift of labor from the services sector to the industrial sector.
a. true b.* false
4. Which of the following is not typically an element in the structural change that accompanies