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IB Economics Chapter 27-28 (Development)

Total questions: 17

Worksheet time: 9mins

Name
Class
Date
1.

PPP stands for what?

a)

Purchasing Power Parity

b)

People Printing Propaganda

c)

Pandas Peeing Profusely

d)

Preventing Pending Purchases

2.

The Human Poverty Index (HPI) measures what?

a)

Levels of wealth inequality in a society? Is there a presence of an "underclass?"

b)

What percentage of a nation is under the poverty line

c)

How many people live in extreme or absolute poverty

d)

How many people live in relative poverty

3.

Which of these health measures are NOT tracked by the HDI?

a)

Deaths from Malaria

b)

Deaths from HIV

c)

Infant mortality

d)

Deaths from Snowboarding

4.

Why did the Economist magazine choose the price of "Big Macs" to measure Purchasing Power Parity?

a)

Big Macs are popular in many nations, people have heard of them

b)

Big Macs are made the same way with the same ingredients in McDonald's restaurants worldwide.

c)

McDonalds is present in nearly every nation, so there is data to be collected in almost every nation.

d)

All of the Above

5.

GNI per capita measures what?

a)

How much national income a country earns per person, which includes income from all of a Nation's businesses located inside and outside of its home nation.

b)

How much national income a country earns from all businesses within its borders, divided by its population.

c)

Income inequality between rich and poor.

d)

How many Genes each person is carrying.

6.

The Gender-related development index measures what?

a)

How many opportunities women in a particular nation have to rise to the highest levels of business or government.

b)

How many women in a nation are married, divorced, or widowed.

c)

How well women are treated in a nation based on education levels, measures of health, and levels of legal rights.

d)

How tall women are compared to men in a nation.

7.

Which of these would be a good example of "human capital factors" that could be a source of economic growth?

a)

Rich natural resource deposits such as gold or oil

b)

Infrastructure like roads and electricity.

c)

Honest government and a just legal system.

d)

People who are well educated and trained in a valuable skill, such as software design.

8.

Why does increasing GDP in a nation result in increasing revenues for the government?

a)

More money in the country means more taxes collected.

b)

The government can sell more stuff to people.

c)

The UN will make larger payments to that nation's government.

d)

The government can increase interest rates, resulting in more revenue collected

9.

Who creates and monitors the Sustainable Development goals?

a)

The World Trade Organization

b)

The United States

c)

The United Nations

d)

The EU

10.

What can contribute to a higher life expectancy at birth?

a)

Good supplies of food and clean water

b)

Better Healthcare and medical technology

c)

Low levels of poverty and conflict

d)

All of the above

11.

What does "Infant Mortality Rate" measure?

a)

How many children reach age 12

b)

How many children reach age 30

c)

How many children reach age 1

d)

How long a child will live on average when it is born.

12.

The genuine progress indicator does what?

a)

Adjusts a nation's HDI measure based on social factors.

b)

Adjusts a nation's GDP by deducting environmental costs, social costs, crime, and commuting costs.

c)

Measures how progressive a nation's political system is.

d)

Measures how accurate a nation's reported information is

13.

True or false: High levels of ethnic and religious diversity in a developing nation increase the chances of political unrest and internal conflict

a)

True

b)

False

14.

What does a nation's HDI index that is significantly higher than a nation's GDI index tell you about that nation?

a)

The nation relies too much on natural resources.

b)

The nation carries too much national debt.

c)

The nation makes more income from companies outside of its borders.

d)

The nation does not treat its women equally

15.

The Gender Empowerment measure tracks

a)

What percentage of celebrities are women

b)

How much power/electricity women are using per capita.

c)

Women's GDP per capita

d)

The percentage of women in managerial, high government, technical, or professional positions (doctors and lawyers).

16.

According to Ernesto Sirolli (TED talk) what is the best way to assist Entrepreneurs in developing nations?

a)

Give them money or free food.

b)

Grow tomatoes for them.

c)

Shut up and listen to their ideas, what they say they need to be successful.

d)

Teach them American/ European business and management techniques.

17.

What is a common element of most developing countries.

a)

Lack of natural resources.

b)

Bad government and institutions.

c)

Lazy people

d)

Overpopulation