MCQs of Economics – Poverty, Malnutrition, And Income Inequality

The Human Development Report 2003, which assumes that poverty is multidimensional calculates a human poverty index based on which of the following measures of deprivation:
I- probability at birth of not surviving to age 40
II- adult illiteracy rate
III- negative economic growth
IV- lack of a decent standard of living

According to Human Development Report 2003, about ____ countries were poorer in 2003 than in 1990

_____ is below the income that secures the bare essentials of food clothing and shelter

Sen’s welfare theory relies on:

Indices of income distribution measure:

Income inequalities are often shown on a

A value of 1 in Gini index represents

The elasticity of propoor growth is

In 2003, the UN Development Program estimated that a 1-percent LDC per capita consumption growth, with income inequality unchanging, would reduce the poverty percentage by _____ percent yearly

Which of the following statements are true about income inequality in developed and developing countries
I- 27 percent of the developing countries have low inequality
II- The majority of developed (high-income) countries have high income inequality
III- The income shares of the poor are lower and their variance higher in DCs than in LDCs

The Lorenz curve shows

Peer borrowing groups of five or so people with joit liability approve loans to other members as a substitute for the bank’s screening process
The above statement applies to:

Sala-i-Martin interpolates income distribution by: