Question
Hello Tutors, please help me answer the following questions, (it's only 14 items) any help I will get will be very much appreciated, thank you!
Hello Tutors, please help me answer the following questions, (it's only 14 items) any help I will get will be very much appreciated, thank you!
P.S. when answering please copy-paste the questions and remove wrong answers, so that I will not be confused with the format, thanks!
15. What would be the possible effect of an expansionary monetary policy?*
- increase in money supply and decrease in interest rates
- increase in bank revenues through increase in investments
- increase in interest rates and increase in money supply
- decrease in money supply and decrease interest rates
16. The combined effect of an expansionary monetary policy and contractionary fiscal policy would be*
- an increase in interest rate and increase in tax rates
- a decrease in interest rate and decrease in tax rates
- an increase in tax rates and decrease in interest rates
- an increase government spending and decrease in money supply
17. Development economics is concerned with*
- efficient allocation of scarce resources.
- economic, social and political institutions.
- imperfect resource and commodity markets.
- First and second choice only
- None of the above
18. Developing countries are commonly characterized by*
- low levels of living, high levels of income inequality, and high dependency burdens.
- primary-product exports, inadequate education and vulnerability in international relations.
- all of the above
- none of the above
19. Development economics must have a scope wider than traditional economics because*
- values and attitudes play little role in the pace of development.
- people in developing societies do less utility-maximizing.
- transformation of social institutions is necessary for development.
- all of the above
20. A. Inclusion of women in the design of environmental policy is important.
B. Environmental issues affect, and are affected by, economic development.*
- First statement is TRUE, second is FALSE
- First statement is FALSE, second is TRUE
- Both statements are TRUE
- Both statements are FALSE
21. A. Environmental problems have consequences both for health and productivity.
B. Economists are not concerned with the costs of global climate change.*
- First statement is TRUE, second is FALSE
- First statement is FALSE, second is TRUE
- Both statements are TRUE
- Both statements are FALSE
22. A. Poverty and ignorance may lead to non-sustainable use of environmental resources.
B. Environmental problems result to future economic losses.*
- First statement is TRUE, second is FALSE
- First statement is FALSE, second is TRUE
- Both statements are TRUE
- Both statements are FALSE
23. A. Agriculture seems to reinforce existing income inequalities.
B. Agriculture can only make a good economic activity for LDC's.*
- First statement is TRUE, second is FALSE
- First statement is FALSE, second is TRUE
- Both statements are TRUE
- Both statements are FALSE
24. A. Agriculture can possibly break the economy of a country.
B. MDCs have higher total productivity than LDCs.*
- First statement is TRUE, second is FALSE
- First statement is FALSE, second is TRUE
- Both statements are TRUE
- Both statements are FALSE
25. A. Agriculture employs a large percentage of the labor force.
B. Agriculture generates a large percentage of the GDP.*
- First statement is TRUE, second is FALSE
- First statement is FALSE, second is TRUE
- Both statements are TRUE
- Both statements are FALSE
26. A. The primary sources of risk to farmers are price and weather.
B. Economic growth increases rapidly if a large sector such as agriculture is left to delay behind the rest of the economy.*
- First statement is TRUE, second is FALSE
- First statement is FALSE, second is TRUE
- Both statements are TRUE
- Both statements are FALSE
27. A. Technological changes in agriculture encourage urban migration.
B. All goods and services a country produce are from the Agricultural sector.*
- First statement is TRUE, second is FALSE
- First statement is FALSE, second is TRUE
- Both statements are TRUE
- Both statements are FALSE
28. A. Expansionary fiscal policy encourages the increase in tax rates. B. Economic growth means economic development.*
- First statement is TRUE, second is FALSE
- First statement is FALSE, second is TRUE
- Both statements are TRUE
- Both statements are FALSE
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