World_Economic_History Sample Final

World_Economic_History Sample Final - Gregory Clark Econ...

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Unformatted text preview: Gregory Clark Econ 110A, Spring 2009 S A M P L E F I N A L A total of 100 points is possible. Last Name: _____________________________ First Name: ________________________ Your Student ID Number: __ __ __ - __ __ - __ __ __ __ Part A: Multiple Choice Questions (30 questions, each of which is worth 2 points) Questions 1-6 (a few important dates) What date/dates below best fits with 1. Demographic Transition 2. The Wealth of Nations 3. French Revolution 4. The Industrial Revolution 5. Essay on a Principle of Population A 1880 B 1769 C 1789 D 1798 E 1776 2 In questions 6-13 please answer each of these questions using the following answer scheme: A 10 B 0 C 1 D 2 E 5 In some cases the answer will be the number on this list that is closest to the correct number. 6. What was the average rate of productivity advance in the world economy before 1800 (in percent per year)? 7. Suppose inputs in an economy are growing at 5% per year, and output is growing at 5%. What is the rate of productivity growth ? 8. What was the average number of children born per woman who survived to reproductive age in the England in the year 1600? 9. What is the average rate of productivity growth in an economy where output prices are falling at 2%, and all input prices are growing at 3%? 10. If productivity growth rates are 3% in a modern economy, what is the closest estimate to the likely growth rate of real wages (in % per year)? 11. What was the average number of children a woman gave birth to in the world before 1800? 12. What was the average rate of return on the safest capital assets in medieval Europe? 13. What was the average rate of return to safe capital assets in England by 1700? ----------------------------------------- 3 14. In a Malthusian economy if B is the birth rate per 1000 of the population then in the long run the death rate D is? A D = N/B B D = 1/B C D = B D D = B/w E D = w/B 15. Life expectancy at birth in the Malthusian world was (approximately)? (Hint the birth rate was about 30 per thousand). A 45 B 55 C 65 D 25 E 35 16. England in 1800 had the same birth rate as modern hunter gatherer societies. How did real living conditions in England likely compare to those in modern hunter gatherer societies? A. They were likely worse in England because the English worked longer hours B. They were likely the same in England C. They were likely better in England because England had a more advanced technology D. They were likely better in England because England had better medical care E. They were likely worse in England because cities in England had poor hygiene 17. Technological advance in the years before 1800 in the world economy can be estimated from which formula (where a is the share of capital in national income, and c the share of land)?...
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World_Economic_History Sample Final - Gregory Clark Econ...

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