D Question 1 1 pts Which of the following will NOT be counted in GDP? O a. Sam pays a lawn care expert to mow his lawn O b. You go out to dinner at a burger joint O c. Joe's friend helps him move to a new apartment O d. farm household pays someone to dig an irrigation ditch D Question 2 1 pts Market exchange rates may be distorted due to all these reasons except O a. Government intervention in setting the exchange rate O b. Trade restrictions O c. Presence of non-traded goods O d. Presence of high volume of traded goods D Question 3 1 pts The Human Development Index is a combination of indices measuring O a. Only income O b. Only life expectancy and years of school O c. Population growth rate O d. Years of life expectancy, years of schooling and dollars of incomeD Question 4 1 pts According to Sen, all of these are sources of "unfreedom" except O a. poverty O b. neglect of public facilities O c. religious intolerance O d. democratic government D Question 5 1 pts Economic historian Gerschenkron means which of the following when he refers to "the advantages of backwardness? O a. It is good to be poor O b. Poor countries receive foreign aid O c. Poor countries can borrow and adapt existing technology and grow faster O d. Prices are lower in poorer countries D Question 6 1 pts The graph showing the relation between HDI and GNI per capita by Country shows O a. There is a positive correlation between the two overall O b. There is no correlation between the two O c. There is a negative correlation between the two O d. Two countries with identical per capita income also have identical HDI scoresD Question 7 1 pts The PPP exchange rate takes into account the fact that O a. Inflation rates are different in different countries O b. Purchasing power of currencies are different in different countries O c. Population is different in different countries O d. Wages differ largely across countries D Question 8 1 pts Income gap between the world's richest regions and the poorest in 2000 reached O a. 5:1 O b. 10:3 O c. 19:1 O d. 3:2 D Question 9 1 pts The Millennium Development goals target all of the following except O a. Establish a non-discriminatory trading and financial system O b. Reduce biodiversity loss O c. Ensure that children everywhere complete primary schooling O d. Not consider debt problems of developing countriesD Question 10 1 pts The transition 'om planned to market leased economy resulted in C} a. Decline in inequalities O Is. Better provision of public goods (in) 4:. High rates of growth rate Q 11 People who had decent jobs under the former system lost their in he