Course Soc Of Develop Countries
Test Week 5 Midterm Exam Part 1

Status Completed
Attempt Score 100 out of 100 points
Time Elapsed minutes out of 2 hours.
Instructions This exam consists of 20 multiple choice questions and covers the material in Sections 1 through 4 of the lectures. There are five questions from each section.
• Question 1
5 out of 5 points Which of these numbers is the best approximation of how many people are currently living in "extreme poverty"?
Answer
Selected Answer:
1.2 billion
Correct Answer:
1.2 billion • Question 2
5 out of 5 points What is meant by the term “income distribution”?
Answer
Selected Answer: the range of incomes actually earned across a country or region
Correct Answer: the range of incomes actually earned across a country or region • Question 3
5 out of 5 points Which of the following groups have the greatest influence on development? Choose the BEST answer.
Answer
Selected Answer: individuals, governments, and organizations
Correct Answer: individuals, governments, and organizations • Question 4
5 out of 5 points Which of the following statements about purchasing power parity (PPP) is true?
Answer
Selected Answer:
If we say that someone “lives on less than a dollar a day,” what we mean is that the person lives on an amount of his local currency whose total value is less than a U.S. dollar.
Correct Answer:
If we say that someone “lives on less than a dollar a day,” what we mean is that the person lives on an amount of his local currency whose total value is less than a U.S. dollar. • Question 5
5 out of 5 points Which of the following statements about defining "developing" countries is true? Choose the BEST answer.
Answer
Selected Answer:
The World Bank, the IMF, and the UN each