Arec 365 - Study guides, Class notes & Summaries

AREC 365 Final Exam Questions and Answers Graded A+ T/F; Average life-expectancy at birth is equal for men and women false what are the three factors for explaining low savings by the poor money may be lost or stolen, saving options like banks may not exist, temptation to increase consumption in both "goods" and "bads" according to Banerjee and Duflo, individuals living in households where the consumption per capita is less than USD 1.08 per person per day in PPP terms are classif...

The Four "P's" Population, Prosperity, Pollution (Environmental Quality), Productivity (of Agriculture) What are the 8 Millennium Development Goals? eradicate extreme poverty and hunger, achieve universal primary education, promote gender equality and empower women, reduce child mortality, improve maternal health, combat HIV/AIDS and other diseases, ensure environmental sustainability, and develop a partnership for global development What are the 3 major camps for debates about MDG? -we...

The upward slope of the supply curve means that as the price of a good increases, the producer is more willing to produce: More of a good A technological improvement is some kind of new knowledge that allows farmers to: Produce more output with the same resources Items considered luxuries tend to have income elasticities: Above 1 True/False. The supply curve shows how much of a good a person will want to consume at all possible levels of price Fal

The Four "P's" Population, Prosperity, Pollution (Environmental Quality), Productivity (of Agriculture) What are the 8 Millennium Development Goals? eradicate extreme poverty and hunger, achieve universal primary education, promote gender equality and empower women, reduce child mortality, improve maternal health, combat HIV/AIDS and other diseases, ensure environmental sustainability, and develop a partnership for global development What are the 3 major camps for debates about MDG? -we...

The upward slope of the supply curve means that as the price of a good increases, the producer is more willing to produce: More of a good A technological improvement is some kind of new knowledge that allows farmers to: Produce more output with the same resources Items considered luxuries tend to have income elasticities: Above 1 True/False. The supply curve shows how much of a good a person will want to consume at all possible levels of price False According the Malthusian thesis: Human ...