Principles And Applications Of Economics International Edition 6th Edition By Marc Lieberman – Test Bank

Overview

Examination questions

Multiple-Choice

(Choose the single best answer—the page where the answer is found is indicated in parentheses)

1. Economic development refers to a situation in which there is
a. an increasing economic output.
b. development of land for industrial purposes.
c. growth in average (per-person) income. (434)
d. sustainable economic growth.

2. Economic development depends upon
a. investment of financial capital. (435)
b. high levels of natural resources.
c. high rates of population growth.
d. public–private partnerships.

3. The United States has the largest economy in the world, with _____ being second.
a. China (437)
b. India
c. Japan
d. the United States

4. Among the following countries, ______ currently has a per-person income that is higher than the others.
a. China
b. India
c. Mexico (438)
d. Liberia

5. Ester Boserup is famous for her idea that population growth
a. is an impediment to economic development.
b. can trigger economic development. (440)
c. is not related to economic development.
d. promotes degradation of the environment.

6. The idea that human population is the “ultimate resource” is most closely associated with the writing of
a. Thomas Robert Malthus.
b. Paul Ehrlich.
c. Karl Marx.
d. Julian Simon. (442)

7. Of the following, _______ is least likely to promote economic development.
a. reducing demographic overhead
b. increasing the official poverty level. (445)
c. reducing “organizational inefficiencies.”
d. increasing the percentage of women in the paid labor force.

8. Of the following, _________ is most closely related to the concept of carrying capacity.
a. sustainability (446)
b. demographic overhead
c. economic development
d. economic growth

9. The United Nations Food and Agriculture Organization estimates that there are currently about ____ people in the world with less than an adequate amount of food.
a. 10 million
b. 200 million
c. 800 million (446)
d. 1 billion

10. Intensification of agriculture involves
a. putting more acres under production.
b. planting more crops in grain-fed areas of the world.
c. increased yield per acre. (448)
d. putting more people to work on the land.