QUESTION 1

Why did the urban income distribution become more equal immediately after the Islamic Revolution in Iran?

	A.	Nationalization of business assets
	B.	More progressive income taxes
	C.	Rising minimum wages for urban workers
	D.	All of the above

3 points

QUESTION 2

India has been a prominent participant in world trade for thousands of years.

True

False

3 points

QUESTION 3

The state-run oil sector has been the dominant part of the Iranian economy before and after the Islamic Revolution.

True

False

3 points

QUESTION 4

Which of the following statements about performance of the Indian economy after the 1991reforms is NOT true?

	A.	The economy experienced faster GDP growth
	B.	Important reforms include reduced restrictions on imports and foreign direct investments
	C.	All groups experienced higher income,but most of the gains were captured by higher-income groups
	D.	All of these statements are true

3 points

QUESTION 5

When did the British begin their control over large segments of the Indian economy?

	A.	1490's
	B.	1610's
	C.	1740's
	D.	1760's