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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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