Chapter 3 National Differences in Economic Development

Chapter 3 National Differences in Economic Development

University

94 Qs

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Chapter 3 National Differences in Economic Development

Chapter 3 National Differences in Economic Development

Assessment

Quiz

Specialty

University

Practice Problem

Hard

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許葉金貞kimtrinh 許葉金貞kimtrinh

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94 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

GDP allows a more direct comparison of living standards in different countries than other measures.

TRUE

FALSE

2.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

In Sen's view, development is an economic process that should be assessed primarily by material output measures such as GNI per capita.

TRUE

FALSE

3.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

GDP is one of the measures used by the Human Development Index (HDI) to measure the quality of human life in different nations.

TRUE

FALSE

4.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Political freedom is one of the measures used by the Human Development Index (HDI) to measure the quality of human life in different nations.

TRUE

FALSE

5.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

If a country's economy is to sustain long-term economic growth, the business environment must be conducive to innovations and entrepreneurial activity.

TRUE

FALSE

6.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

The state of Illinois was having budget difficulties, so it hired several private management consultancy firms to manage some state-owned enterprises. This is an example of privatization.

TRUE

FALSE

7.

MULTIPLE CHOICE QUESTION

30 sec • 1 pt

Peruvian development economist Hernando de Soto has argued that the chronic inability of property owners to establish legal title to the property they own is a key problem for innovation and entrepreneurial activity in developing nations.

TRUE

FALSE

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