Question 1: Please answer with True or False. Input your answer on Excel. Write

Question

Question 1: Please answer with True or False. Input your answer on Excel. Write T for True and F for False on the first sheet of the Excel. No need for explanation. (3 pts each)

1.Rostow argues that savings, or investment in capital is crucial for economic growth.

2.According to the Lewis model, countries modernize when labor moves from agricultural to urban areas.

3.The Lewis model assumes that rural areas do not have surplus labor. Workers leaving rural areas; however, can be replaced by new machinery.

4.The Neocolonial Dependence Model argues that development of poor countries is only possible through strong relationships with the developed world.

5.It is possible that reputable organizations, which are concerned with development, like the IMF work against the development of poor nations.

6.In the Solow Model, a higher depreciation rate reduces a country’s level of output-per-capita at the steady state.

7.Holding all else equal, a country with a higher level of initial capital (K0) will have a higher level of output at the steady-state.

8.The economic success story of Botswana is likely due to its resistance of colonial efforts to destroy its national institutions.

9.Rwanda is an example of how colonialism can be good sometimes. The social structure supported by colonial powers was important in maintaining peace after Rawanda’s independence.

10.Economists largely agree that NAFTA provided benefits to the U.S. economy.

11.Due to the high amount of international aid, the amount of capital that is flowing from the developed world to poor nations is extremely high.

12.Rich nations are better-off not exploiting poor nations than sending aid.

13.Historically, the largest emitted of Carbon Dioxide is the United Kingdom. This is because the industrial revolution started there long before anywhere else.

14.The reason some countries are developed, while others are not, is straightforward. Countries that adopted democracy early on are developed and other countries that are undemocratic are poor.

15.Imagine that I am looking-up values in the A column using values on a table E3:F10. VLOOKUP(A1, $C$3:$F$10,2,FALSE) MAY NOT work in practice.

Explanation / Answer

As per chegg policy we are bound to answer only first 4 of MCQ type , question says no exolexplana needed

1 true'

2. True

3. False

4 false

5 true

6 false

7 true

Related Questions

Navigate

• Browse (All)
• Browse Q
• Subjects

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.