142_Problem+Set+1 - Student ID: Name: SOSC142 Poverty...

Info iconThis preview shows pages 1–2. Sign up to view the full content.

View Full Document Right Arrow Icon
Student ID: Name: SOSC142 Poverty Problem Set One Instructor: Dr. Jin WANG TAs: Miss Ting CHEN email: ctxad@ust.hk Division of Social Science Mr Jiyun XIN email: xjy@ust.hk 1. Which of the following is true ( ) a) World Bank adopts $3 per day per person (PPP) to be extreme poverty; b) World Bank adopts $2 per day per person (PPP) to be extreme poverty; World Bank adopts $1 per day per person (PPP) to be extreme poverty; d) None of the above is true. 2. Which of the following is true ( ) a) Kuznets curve is an upward sloping curve which describes the relationship between per capita income and consumption; b) Kuznets curve is a U curve which describes the relationship between per capita income (development) and inequality. c) Kuznets curve is always true given the historical evidence in post-world War developed countries. Therefore, we have to pursue growth to reduce inequality. Kuznets Curve is not a universal rule that holds for every country. Detailed institutions and factors of the country need to be taken into account when we try to tackle inequality. 3. Which of the following reason explained why we choose the Sub-Saharan Africa (SSA) as a
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Image of page 2
This is the end of the preview. Sign up to access the rest of the document.

Page1 / 3

142_Problem+Set+1 - Student ID: Name: SOSC142 Poverty...

This preview shows document pages 1 - 2. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online