36. Urban giantism is a natural phenomenon that cannot be prevented or controlled.*

1 point

TRUE

FALSE

37. When quality of education is not a direct impact of urbanization, then good quality education outside urban centers plays a crucial role in rural development.*

1 point

TRUE

FALSE

38. Higher increases of wages in urban centers assures increase in the labors' efficiency in these urban centers.*

1 point

TRUE

FALSE

39. Human resource planning is required to reduce job mismatch, underemployment, unemployment and all other economic problems.*

1 point

TRUE

FALSE

40. Decentralization of development requires policy changes, devolution of government functions and redistribution of revenue.*

1 point

TRUE

FALSE

41. Correcting factor price distortions is a function of the government.*

1 point

TRUE

FALSE

42. Harris-Todaro Migration Model related the demand and supply of workers specifically in the manufacturing sector.*

1 point

TRUE

FALSE

43. Migration decision of Filipinos is always an economic decision.*

1 point

TRUE

FALSE

44. When wage differential is negligible, rural to urban migration will not be much of a problem.*

1 point

TRUE

FALSE

45. When a company serves slum areas, it will surely have difficulty in achieving its economic and financial bottom-line of profit.*

1 point

TRUE

FALSE

46. Rural-urban migration, as an economic issue, is basically about income and employment.*

1 point

TRUE

FALSE

47. In the Philippines, there is no concrete policy on rural-urban migration.*

1 point

TRUE

FALSE

48. The location choices of big labor- intensive companies will have bearing on migration between rural and urban areas.*

1 point

TRUE

FALSE

49. Labor turnover is faster in urban companies than in rural companies.*

1 point

TRUE

FALSE

50. The presence of shanty towns relates to a nation's GINI coefficient.51. Perfect inequality in distribution of income can be exhibited in reality.*

1 point

TRUE

FALSE

51. Perfect inequality in distribution of income can be exhibited in reality.*

1 point

TRUE

FALSE

52. Holding all other incomes constant, if we transfer some income from a richer person to a poorer person, the resulting new income distribution is more unequal.*

1 point

TRUE

FALSE

53. There is absolute poverty below the international poverty line.*

1 point

TRUE

FALSE

54. Modern sector enlargement assures a better Lorenz Curve for a nation.*

1 point

TRUE

FALSE

55. The average poverty gap measures the sum of the differences of the income of each person from the absolute poverty line.*

1 point

TRUE

FALSE

56. The multidimensional poverty index gives equal weight to all eight indicators.*

1 point

TRUE

FALSE

57. The normalized income shortfall is a measure of income inequality.*

1 point

TRUE

FALSE

58. When government's intervention to poverty and income inequality are thoroughly planned, implemented and monitored, a nation is secured of achieving economic development.*

1 point

TRUE

FALSE

59. The GINI Coefficient relates the Lorenz Curve and the line of perfect quality of percentage of income and percentage of population.*

1 point

TRUE

FALSE

60. Development process in the Philippines that is biased towards the urban areas is always justifiable from the perspective of Development Economics.*

1 point

TRUE

FALSE

61. Up to this time, poverty is experienced more by women rather than men at the national and international level.*

1 point

TRUE

FALSE

62. Free education is a means of reducing poverty among ethnic communities.*

1 point

TRUE

FALSE

63. Terrorism, regardless of its place of occurrence, exacerbates poverty.*

1 point

TRUE

FALSE

64. Public policy is essential in solving poverty at the local and national level.*

1 point

TRUE

FALSE

65. Solving poverty has to be done from macroeconomic and microeconomic levels.*

1 point

TRUE

FALSE

66. The Kuznets Curve is a graphical presentation of the relationship of the Gini coefficient and GNI per capita.*

1 point

TRUE

FALSE

67. The formal sector is the part of the urban economy that is characterized by small competitive individuals or small firms, petty retail trade and services, labor-intensive methods, free entry and market determined prices.*

1 point

TRUE

FALSE

68. The Comprehensive Agrarian Reform Program is a means of asset distribution.*

1 point

TRUE

FALSE

69. The Social Amelioration Program is a subsidy.*

1 point

TRUE

FALSE

70. Poverty is a cause and effect of other economic problems.*

1 point

TRUE

FALSE