explain 1/4 page why the answer of every question I answers are included in the 10 questions, no need references or anything, just empirical, quantitative and qualitative explanation about 1/4 page per question…please in less than 2 hrs as soon as possible
Question #1 (Chapter 1) Development economics must have a scope wider than traditional economics because
c. transformation of social institutions is necessary for development.
Question #2 Which measure uses a common set of international prices for all goods and services produced?
a. purchasing power parity income levels dollars
Question #3 (Chapter 3) Which of the following is a criticism of the neoclassical counter-revolution schools approach? (a) markets are not competitive in developing countries. (b) externalities are common in developing countries. (c) inequality may worsen when interventions are removed in developing countries. ***(d) all of the above.
Question #4 (Chapter 4) 2 | Page Economic Development (ECO 4309) Final Exam The new growth theory attempts to explain ((c) the factors that determine the size of the Solow residual.
Question #5 (Chapter 5) With modern sector enlargement growth, inequality will (a) first rise and then fall.
Question #6 (Chapter 6) The Malthusian population trap assumes that (c) fertility increases with per capita income.
Question #7 (Chapter 8) As the number of years of schooling completed increases, the expected private return and private cost of education. (c) increase at different rates with expected private return increasing at a faster rate than private cost.
Question #8 (Chapter 9) Which of the following is an important factor in the success of agrarian land reform policies?. (c) farmer training programs.
Question #9 (Chapter 12) Which of the following is an argument in favor of the liberalization? (a) Increased technical efficiency. (b) Accelerated technical progress. (c) Decreased shortages of foreign exchange. (d) All of the above. 3 | Page Economic Development (ECO 4309)
Final Exam Question #10 (Chapter 15) Macroeconomic stabilization involves (a) reduction of inflation. (b) reduction of government budget deficits. (c) reduction of trade deficits. (d) all of the above.
