Question 1

Explain why the education of girls is probably the most cost-effective development investment. Be sure to include in your answer some discussion of at least two of the following: absolute poverty; health and development; fertility; and agriculture.

Accepted Answer

Female education leads not just to bette...

Question 2

An individual's demand for education is most affected by

Accepted Answer

A)  direct and indirect costs of schooling.
B)  development priorities of the country.
C)  the desire to escape agricultural work.
D)   all of the above.E) None of the above
F) All of the above

Question 3

Explain some of the reasons why developing countries have not realized a greater positive development impact from their higher education programs.

Accepted Answer

Lack of program focus on the n...

Question 4

Write an essay on the economic relationship of greatest concern for development between ?education and
a.the level of growth.
b.the character of growth.
c.inequality.
d. fertility.
e. absolute poverty.f.international migration.

Accepted Answer

This question may be given as ...

Question 5

Why is eradicating child labor seen as an economic investment?

Accepted Answer

Answers should include reference to the ...

Question 6

It is important to stress the role of primary education in the development strategy because of

Accepted Answer

A)  LDC's comparative advantage from basic skills education.
B)  the law of diminishing returns.
C)  development emphasis on poverty alleviation.
D)   all of the above.E) C) and D)
F) B) and D)

Question 7

What factors cause private and social rates of return for primary and secondary education to diverge in developing countries?

Accepted Answer

Subsidies. Credential inflatio...

Question 8

Investment in human capital is very similar to investing in physical capital. True or false? Explain your answer.

Accepted Answer

They are similar in the sense that rates of return can be calculated for each form of capital so one can compare these and make a choice as to which type of investment to undertake. Rates of return to education are provided in Of course, there is a market for physical capital where it can be bought/sold but no market for human capital.

Question 9

Is child labor a problem in developing countries? Explain.

Accepted Answer

Discussed in the chapter. Stud...

Question 10

According to the 2005 UNDP Human Development Report child mortality (under age 5)  has declined in all regions of the world except

Accepted Answer

A)  South Asia.
B)  Sub-Saharan Africa.
C)  Middle East and North Africa.
D)   None of the above.E) A) and B)
F) A) and C) B

Question 11

Why do you think Uganda has been so successful at decreasing the prevalence of HIV/AIDS?

Accepted Answer

An answer should make referenc...

Question 12

Human capital is best defined as

Accepted Answer

A)  the amount of wealth people have.
B)  the amount of money people have to spend on schooling.
C)  human capacities that raise productivity.
D)   the average education level of the population.E) C) and D)
F) All of the above C

Question 13

The World Bank approach to combating child labor stresses

Accepted Answer

A)  making child labor legal under certain conditions.
B)  tackling the sources of poverty.
C)  encouraging families to migrate to richer countries.
D)   providing each child with a handheld electronic toy so that children have an alternative to working.E) B) and C)
F) B) and D)

Question 14

Developing countries have not benefited as much as expected from their higher education programs because of

Accepted Answer

A)  lack of program focus on the needs of the country.
B)  increasing returns to scale in each individual's education.
C)  graduates getting jobs in the private sector.
D)   all of the above.E) B) and C)
F) All of the above

Question 15

As the number of years of schooling completed increases, the expected private return and private cost of education

Accepted Answer

A)  increase at roughly the same rate.
B)  increase at different rates, with expected private return increasing at a slower rate than private cost.
C)  increase at different rates, with expected private return increasing at a faster rate than private cost.
D)   do not increase.E) B) and C)
F) A) and C)

Question 16

Although Progresa/Oportunidades has been successful in Mexico, why might a similar program not work elsewhere?

Accepted Answer

This problem is designed to get students...

Question 17

What is educational inequality and how is it measured? Why is it important to measure the degree of educational inequality in a country? Explain your answer.

Accepted Answer

Measures how the quantity of e...

Question 18

What are the critical health challenges facing developing countries today and what measure(s) are being taken to confront these challenges? Explain your answer.

Accepted Answer

Combating the burden of diseas...

Question 19

What is human capital and why is it crucial to expand human capital as part of the development process?

Accepted Answer

Human capital is defined as human capaci...

Question 20

The supply of public school places is determined by

Accepted Answer

A)  individuals' demand for education.
B)  direct and indirect costs of schooling.
C)  political processes, often unrelated to economic criteria.
D)   all of the above.E) A) and D)
F) A) and C)

Exam 8: Human Capital: Education and Health in Economic Development

Explain why the education of girls is probably the most cost-effective development investment. Be sure to include in your answer some discussion of at least two of the following: absolute poverty; health and development; fertility; and agriculture.

Correct Answer
verified
Female education leads not just to bette...
View Answer

An individual's demand for education is most affected by

Correct Answer
verified

Explain some of the reasons why developing countries have not realized a greater positive development impact from their higher education programs.

Correct Answer
verified
Lack of program focus on the n...
View Answer

Write an essay on the economic relationship of greatest concern for development between ?education and a.the level of growth. b.the character of growth. c.inequality. d. fertility. e. absolute poverty.f.international migration.

Correct Answer
verified
This question may be given as ...
View Answer

Why is eradicating child labor seen as an economic investment?

Correct Answer
verified
Answers should include reference to the ...
View Answer

It is important to stress the role of primary education in the development strategy because of

Correct Answer
verified

What factors cause private and social rates of return for primary and secondary education to diverge in developing countries?

Correct Answer
verified
Subsidies. Credential inflatio...
View Answer

Investment in human capital is very similar to investing in physical capital. True or false? Explain your answer.

Is child labor a problem in developing countries? Explain.

Correct Answer
verified
Discussed in the chapter. Stud...
View Answer

According to the 2005 UNDP Human Development Report child mortality (under age 5) has declined in all regions of the world except

Correct Answer
verified
B

Why do you think Uganda has been so successful at decreasing the prevalence of HIV/AIDS?

Correct Answer
verified
An answer should make referenc...
View Answer

Human capital is best defined as

Correct Answer
verified
C

The World Bank approach to combating child labor stresses

Correct Answer
verified

Developing countries have not benefited as much as expected from their higher education programs because of

Correct Answer
verified

As the number of years of schooling completed increases, the expected private return and private cost of education

Correct Answer
verified

Although Progresa/Oportunidades has been successful in Mexico, why might a similar program not work elsewhere?

Correct Answer
verified
This problem is designed to get students...
View Answer

What is educational inequality and how is it measured? Why is it important to measure the degree of educational inequality in a country? Explain your answer.

Correct Answer
verified
Measures how the quantity of e...
View Answer

What are the critical health challenges facing developing countries today and what measure(s) are being taken to confront these challenges? Explain your answer.

Correct Answer
verified
Combating the burden of diseas...
View Answer

What is human capital and why is it crucial to expand human capital as part of the development process?

Correct Answer
verified
Human capital is defined as human capaci...
View Answer

The supply of public school places is determined by

Correct Answer
verified

Exam 8: Human Capital: Education and Health in Economic Development

Explain why the education of girls is probably the most cost-effective development investment. Be sure to include in your answer some discussion of at least two of the following: absolute poverty; health and development; fertility; and agriculture.

Correct AnswerverifiedFemale education leads not just to bette...View AnswerShow Answer

An individual's demand for education is most affected by

Correct AnswerverifiedShow Answer

Explain some of the reasons why developing countries have not realized a greater positive development impact from their higher education programs.

Correct AnswerverifiedLack of program focus on the n...View AnswerShow Answer

Write an essay on the economic relationship of greatest concern for development between ?education and a.the level of growth. b.the character of growth. c.inequality. d. fertility. e. absolute poverty.f.international migration.

Correct AnswerverifiedThis question may be given as ...View AnswerShow Answer

Why is eradicating child labor seen as an economic investment?

Correct AnswerverifiedAnswers should include reference to the ...View AnswerShow Answer

It is important to stress the role of primary education in the development strategy because of

Correct AnswerverifiedShow Answer

What factors cause private and social rates of return for primary and secondary education to diverge in developing countries?

Correct AnswerverifiedSubsidies. Credential inflatio...View AnswerShow Answer

Investment in human capital is very similar to investing in physical capital. True or false? Explain your answer.

Is child labor a problem in developing countries? Explain.

Correct AnswerverifiedDiscussed in the chapter. Stud...View AnswerShow Answer

According to the 2005 UNDP Human Development Report child mortality (under age 5) has declined in all regions of the world except

Correct AnswerverifiedB

Why do you think Uganda has been so successful at decreasing the prevalence of HIV/AIDS?

Correct AnswerverifiedAn answer should make referenc...View AnswerShow Answer

Human capital is best defined as

Correct AnswerverifiedC

The World Bank approach to combating child labor stresses

Correct AnswerverifiedShow Answer

Developing countries have not benefited as much as expected from their higher education programs because of

Correct AnswerverifiedShow Answer

As the number of years of schooling completed increases, the expected private return and private cost of education

Correct AnswerverifiedShow Answer

Although Progresa/Oportunidades has been successful in Mexico, why might a similar program not work elsewhere?

Correct AnswerverifiedThis problem is designed to get students...View AnswerShow Answer

What is educational inequality and how is it measured? Why is it important to measure the degree of educational inequality in a country? Explain your answer.

Correct AnswerverifiedMeasures how the quantity of e...View AnswerShow Answer

What are the critical health challenges facing developing countries today and what measure(s) are being taken to confront these challenges? Explain your answer.

Correct AnswerverifiedCombating the burden of diseas...View AnswerShow Answer

What is human capital and why is it crucial to expand human capital as part of the development process?

Correct AnswerverifiedHuman capital is defined as human capaci...View AnswerShow Answer

The supply of public school places is determined by

Correct AnswerverifiedShow Answer

Correct Answer
verified
Female education leads not just to bette...
View Answer

Correct Answer
verified

Correct Answer
verified
Lack of program focus on the n...
View Answer

Correct Answer
verified
This question may be given as ...
View Answer

Correct Answer
verified
Answers should include reference to the ...
View Answer

Correct Answer
verified

Correct Answer
verified
Subsidies. Credential inflatio...
View Answer

Correct Answer
verified
Discussed in the chapter. Stud...
View Answer

Correct Answer
verified
B

Correct Answer
verified
An answer should make referenc...
View Answer

Correct Answer
verified
C

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified

Correct Answer
verified
This problem is designed to get students...
View Answer

Correct Answer
verified
Measures how the quantity of e...
View Answer

Correct Answer
verified
Combating the burden of diseas...
View Answer

Correct Answer
verified
Human capital is defined as human capaci...
View Answer

Correct Answer
verified