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

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Student ID: Name: SOSC142 Poverty Problem Set One Instructor: Dr. Jin WANG TAs: Miss Ting CHEN email: [email protected] Division of Social Science Mr Jiyun XIN email: [email protected] 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
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This note was uploaded on 03/14/2011 for the course ENG 0101 taught by Professor ... during the Spring '10 term at Punjab Engineering College.

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

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