Chapter_36 - YourResultsfor:"SelfStudyQuiz"...

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Your Results for: "Self-Study Quiz" Print this page Site Title: Principles of Economics, Eighth Edition Book Title: Principles of Economics, 8/e Book Author: Case/Fair Location on  Site: Chapter 36 > Self-Study Quiz Date/Time  Submitted: February 9, 2012 at 6:38 AM  (UTC/GMT) Summary of Results 40% Correct  of 40 Scored items: 16 Correct:  40% 24 Incorrect:  60% 4 questions not scored. 40 scored questions. More information about scoring 1. Which of the following contributes to  an understanding of the economic  problems confronting the world’s  developing nations? Your Answer: Theories about the structure of m Correct Answer: All of the above.   Incorrect. This answer is correct, however, other choices are also correct. 2. In the year 2006, the population of  the world and the number of nations  were: Your Answer: 3.2 billion and more than 300 nati Correct Answer: 6.5 billion and over 200 nations.   Incorrect. In the year 2006, the population of the world reached over 6.5 billion people.  Most of the world’s more than 200 nations.
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3. In the year 2006, how much of the  world’s population lived in the  developing world? Your Answer:   Correct. Most of the 200 nations belong to the developing world. Developed nations  account for only about one-quarter of the world’s population but are estimated to  consume three-quarters of the world’s output. 4. In 2002, which of the following  groups of countries had a higher  percentage of urban population? Your Answer:   Correct. 76 percent of the population of high-income countries lived in urban areas. The  great majority of the world’s population lives in rural areas where agricultural work is hard  and extremely time consuming. 5. Fill in the blanks. The developed  nations of the world account for  about ____________ of the world’s  population, and are estimated to  consume ____________ of the  world’s output. Your Answer:   Correct. The developed nations account for only about one-quarter of the world’s  population, and are estimated to consume three-quarters of the world’s output. This  leaves the developing countries with about three-fourths of the world’s people, but only  one-fourth of the world’s income. The simple result is that most of our planet’s population  is poor.
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6. Fill in the blanks. In the United  States, the poorest one-fifth of the  families receives _______ of  national income, and, the richest  one-fifth receives _______ of  national income. Your Answer:
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This note was uploaded on 02/09/2012 for the course ECONOMY 101 taught by Professor Zaier during the Spring '11 term at Qatar University.

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Chapter_36 - YourResultsfor:"SelfStudyQuiz"...

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