Quiz3_answers

Quiz3_answers - Economic Development Quiz 3 1. In Robert...

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Economic Development Quiz 3 1. In Robert Barro’s paper, which factor is NOT included in the estimated model of economic growth? A) Fertility rate B) Democracy index C) Labor force participation D) Life expectancy E) Government size measured via government consumer spending in GDP Answer: C 2. A feature of dependency theory is A) It characterizes the international system as comprised of two sets of states, variously described as dominate/dependent B) External forces are of singular importance to the economic activities within dependent states. C) Underdevelopment is due to unequal power relationships between rich and poor countries D) All the above Answer: D 3. The false paradigm model attributes lack of development to A) Inadequate attention to price incentives. B) Inappropriate advice from rich country economists. C) Low levels of savings and investment. D) A lack of government regulation. Answer: B
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This note was uploaded on 01/29/2012 for the course ECON 445 taught by Professor Mcmanus during the Fall '08 term at UNC.

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Quiz3_answers - Economic Development Quiz 3 1. In Robert...

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