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- Increases in the amount of human capital in theeconomy tend to _________ real incomes becausethey increase the _________ of labor.a. increase; bargaining powerb. increase; productivityc. decrease; bargaining powerd. decrease; productivity61. Development process in the Philippinesthat is biased towards the urban areas isalways justifiable from the perspective ofDevelopment Economics. *A. TRUEB. FALSE62. Up to this time, poverty is experienced moreby women rather than men at the national andinternational level. *A. TRUEB. FALSE63. Free education is a means of reducingpoverty among ethnic communities. *A. TRUEB. FALSE64. Terrorism, regardless of its place ofoccurrence, exacerbates poverty. *A. TRUEB. FALSE65. Public policy is essential in solving povertyat the local and national level. *A. TRUEB. FALSE66. Solving poverty has to be done frommacroeconomic and microeconomic levels. *A. TRUEB. FALSE67. The Kuznets Curve is a graphicalpresentation of the relationship of the Ginicoefficient and GNI per capita. A. TRUEB. FALSE68. The formal sector is the part of the urbaneconomy that is characterized by smallcompetitive individuals or small firms, pettyretail trade and services, labor-intensivemethods, free entry and market…This chapter discusses the importance of economicmobility.a. What policies might the government pursue toincrease economic mobility within a generation?b. What policies might the government pursue toincrease economic mobility across generations?c. Do you think we should reduce spending oncurrent welfare programs to increase spending onprograms that enhance economic mobility? Whatare some of the advantages and disadvantages ofdoing so?
- Explain what the long- and short-termconsequences are of not promoting equality or workingto reduce povertyIn your perspective, what is poverty? State a reason why a resolution is necessary Show the plan to be acted uon the given problems in comparison t the existing practice in the communityFirst define what progressive and regressive redistribution policies are. Then, in each of the following cases explainwhether the policy is progressive, regressive, or distributionally neutral. 1. Some governments of developing countries give scholarships for some of their best students to go to graduateschool abroad. If there are no eligibility restrictions, is this policy likely to be progressive or regressive? Whatmight justify this policy?
- 3.Answer the questions below.a.Explain what “brain drain” isand what are the reasonsfor it.b.Explain what “brain gain” is, by evaluating it in terms of economic development.Indigenous people are ranked among the lowest income groups in Canada. O True O FalseAnawer the ff. questions. 1. How can industrialization or innovation help end the poverty cycle? 2. How can infrastructure development and industrialization be more inclusive of Indigenous perspectives and rights? 3. How does government corruption affect infrastructure development and industrialization?
- Consider an overlapping generations model. Suppose population grows at a 2% rate, and wage grows at a 6% rate. Generation 2 has 500 people, who have an average salary of $30,000, and everyone pays 8% of their income to generation 1. What is the total amount generation 2 pays to generation 1? If generation 3 pays generation 2 the same dollar amount gen-eration 2 paid generation 1, what percentage of their income dothey pay?Match the scenario/description provided to the the type of poverty OR human development issue to which it best applies. absolute poverty - A. B. C. D. E. Human development issue - A. B. C. D. E. subjective poverty - A. B. C. D. E. relative poverty A. Mary won 1K in a scratch off. She has bunch of credit card debt. She knows she should use the 1000 for that, but she never gets to have special things so she bought herself a Louis Vuitton, and said to heck with bills. B. Mary set up a tent-like shack beside the river for her and her family to live because they didn’t have any housing. It was swept away unexpectedly with jer and her family inside when the river dam was opened by the authorities in the area. C. Mary is one of the one billion…1. Generally, countries which have higher average years of education per individual have ______. a. higher education Gini coefficients b. less equal distributions of education c. lower education Gini coefficients d. first and second option only e. none of the above 2. Closing educational gender gap is broadly considered as economically desirable since ________. a. the rate of return on women's education is higher than that on men's in most LDCs b. increasing women's education increases their productivity c. it would help lessen poverty, since women are less likely to be impoverished than are men d. first and second choice only
