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Macroeconomics Study Set 43

Business

Quiz 22 :

The Economics of Developing Countries

Quiz 22 :

The Economics of Developing Countries

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According to the United Nations, approximately what percentage of the world's income is received by the richest one-fifth of the world's population?
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Answer:

D

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Which of these sets of nations consists of high-income economies?
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Answer:

C

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Approximately what percentage of the world's income is received by the poorest one-fifth of the world's population?
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Answer:

A

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Which of the following includes only examples of industrially advanced countries (IACs)?
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The very poorest low-income DVCs typically have relatively
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To be classified as a low-income developing country, annual per capita income in 2014 needed to be
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In 2014, the United States had about percent of the world's population and produced about percent of the world output.
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img Which of the given nations would be middle-income developing countries (DVCs), according to the World Bank?
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Which of the following does not correlate positively with economic growth?
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Most of the world's population lives in
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Which of the following is not inversely related to per capita income?
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img Which of the given nations would be low-income developing countries (DVCs), according to the World Bank?
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The exports of the DVCs consist largely of
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img Refer to the table.If per capita income increases by 10 percent over five years in each of the nations shown, the per capita income gap between country C and country A
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In 2014, the GDP of the United States was approximately
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Which of these sets of nations consists of low-income developing nations?
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Examples of low-income developing countries are
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If two nations have different per capita income levels and their rates of economic growth are identical, then the absolute per capita income differential
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img Refer to the table.Which of the following might reduce the per capita income gap between countries A and E?
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img Which of the given nations would be high-income countries (IACs), according to the World Bank?
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