02 Jun Question Multiple Choice: Please choose the best answer among the
Question
Multiple Choice: Please choose the best answer among the following choices. Each problem is worth 2 points.
1. Which of the following is LEAST likely to lead to economic development occurring in Afghanistan?
The opening of 500 hospitals throughout the country that increases health levels and thereby life expectancy
The renovation and expansion of 500 elementary schools throughout the country that increases the quantity and quality of education and so increases the knowledge held by the population
Discovery and mining of oil in the country
The provision of safe drinking water to tens of thousands of homes across the country
The provision of electricity to tens of thousands of homes across the country
2. Which of the following is true?
Economic growth is a necessary and sufficient condition for economic development.
Economic growth (according to economist Angus Maddison) was unchanged from the year 1000AD to 1820AD.
Economic growth is like the inflation rate. It is optimal when it is positive but very small.
Whether large or small, economic growth is always a good thing.
None of the above is true.
3. Which of the following is false?
A country may have the same HDI as another country and yet we would not consider them to be equally developed
We discussed several countries including their flags to demonstrate how similar the challenges were each overcame in order for each to either become developed (as in the US or Switzerland) or to be developing quickly (as in Botswana and China)
A seemingly small difference in annual growth rates such as between 3% and 10% can make a huge difference in the long run
A major reason why some statistics are preferred over others is because of convenience
None of the above is false.
4. Which of the following is a similarity between GDP, HDI and the measurement discussed in lecture of a country’s wealth?
They all are specifically used to measure development
Each is far easier to use than the MDG
Each faces the criticism of excluding important information
b and c
a, b and c
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