NAM NEC 1.wun IICE QUESTIONS teach one is 5 points INTNO 1.What is a significant benefit of decentralizing authority to cities? A Concentrating all policies at the 11. Improving accountability and responsiveness to local needs C. Himinating (iscal automomy for regions D increasing bureaucracy 1. Centralized mublic service control 3.Reducing absolute poverty can improve growth through A. Increased capital flight 11. Higher demand for local goods C. Fewer governme It interventions D. Reduced saving rates 1. Increased luxury imports __ deals with an advanced capitalist world of perfect markets; consumer price adjustments.decisions made on the basis of marginal private-profit, and utility calculations an in all product and resources markets. 11. Development cconomics b. Traditional neoclassical economics b. Development d. Traditional economics e Advanced Economics 4.Which economist is associated with the stages-of-growth model? A. W. Arthur Lewis B. Hollis B. Chenery C. Walt W. Bostow D. John Maynard Keynes E. Amartya Sen 5. The most widely used measure of the comparative status of socioeconomic development by the Unit Development Program (UNDP) is ............. __ ... an index measuring national socioceonon on combining measures of education,health , and adjusted real income per capita. A.Human Development Index (HDI) B.Multidimensional Poverty Index (MPD)C.Purchasing Powe D.Gross Domestic Product (GDP) E . None of the above 6. Which of the following policies is essential for sustainable rural development? A. Relying solely on urban job creation B. Ignoring rural education and training C. Expanding rural nonfarm employmen t opportunities D. Increasing dependence on imported technologies E. Rapidly urbanizing rural areas 7.What does the Gini coefficient measure? A. Employment rate B. Rate of inflation C. Income inequality D. Agricultural productivity E. Urbanization rate 8. Which of the following is NOT a focus of structural-change theory? A. Industrialization B. Urbanization C . Trade expansion D. Decreasing government size E. Socioeconomic transformation 9.What method divides populations into groups of equal size to measure income distribution? A. Factor share method B. Income deciles or quintiles D. Aggregate spending method E. Subsidy distribution C. Random sampling 10.What are subsidies? A. Payments from NGOs to governments B. Governmen t payments to C. Investments in foreign stocks D

1. **B. Improving accountability and responsiveness to local needs**<br /> - Decentralizing authority to cities allows for more localized decision-making, which can lead to policies that better address the specific needs and circumstances of the local population.<br /><br />2. **B. Higher demand for local goods**<br /> - Reducing absolute poverty can lead to an increase in disposable income for individuals, which can then be spent on local goods and services, stimulating local economic activity and growth.<br /><br />3. **B. Traditional neoclassical economics**<br /> - Traditional neoclassical economics deals with an advanced capitalist world of perfect markets, where consumer price adjustments and decisions are made on the basis of marginal private profit and utility calculations in all product and resource markets.<br /><br />4. **C. Walt W. Rostow**<br /> - Walt W. Rostow is associated with the stages-of-growth model, which outlines a linear theory of economic growth.<br /><br />5. **A. Human Development Index (HDI)**<br /> - The Human Development Index (HDI) is the most widely used measure of the comparative status of socioeconomic development by the United Nations Development Program (UNDP). It combines measures of education, health, and adjusted real income per capita.<br /><br />6. **C. Expanding rural nonfarm employment opportunities**<br /> - Expanding rural nonfarm employment opportunities is essential for sustainable rural development as it provides alternative sources of income and reduces reliance on agriculture.<br /><br />7. **C. Income inequality**<br /> - The Gini coefficient measures income inequality within a population, with a value of 0 representing perfect equality and a value of 1 representing perfect inequality.<br /><br />8. **D. Decreasing government size**<br /> - Structural-change theory focuses on industrialization, urbanization, trade expansion, and socioeconomic transformation, but does not specifically focus on decreasing government size.<br /><br />9. **B. Income deciles or quintiles**<br /> - Dividing populations into groups of equal size to measure income distribution is done using income deciles or quintiles, which divide the population into ten or five equal parts based on income levels.<br /><br />10. **B. Government payments to producers**<br /> - Subsidies are payments made by the government to producers to encourage the production of specific goods or services, often to support industries that are considered important for economic or social reasons.