ECO2117 - Midterm Part 1 Winter 2022
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ECO2117 - Midterm Part 1
Winter 2022
1- Poverty is defined as lack of income only? True or false? Explain. [2 marks]
Approximate length: 6 lines
2- You are given the following information for three sectors in the economy. The contribution of
sector 1 to total GDP is 15 billion dollars and its relative contribution is 30% of total production. We also know that for sector 2, the relative contribution is 25%. Using this information, determine what would be sector 2 contribution and sector 3 contribution as well as sector 3 relative contribution to total production. What is the most dominant sector? Explain your steps and answer. [2 marks]
3- Given the way the MPI is designed, there are some aspects that may not be captured. For
instance, if a mother’s body mass index is below 18.5 because she deprives herself of food in order to feed her child, this information will not be captured in the MPI? True or False? Explain your answer. [2 marks]
Approximate length: 3 lines
4- Based on the evidence from the following table, focus on the information on per capita GDP
growth and individual wellbeing.
a. Are the calculations presented in this table correct? Explain. (Hint: if some information is missing for answering part of the question explain what is missing.)
b. Are the conclusions derived by comparing these two measures over time are similar? Explain [2 marks].
Approximate length: 7 lines
Note that “Tshs” is the currency in Tanzania expressed in 2001 prices.
|
|
8,515
|
|
|
||||||
|
GDP/capita/month, Tshs |
18,965 |
25,795 |
29.9 |
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|
consumption (from Household Budget Survey)/cap/mth, Tshs |
8,897 |
9,109 |
2.4 |
||||||
|
|
35.7 |
38.4 |
|
5- The availability of disaggregated data can help policymakers decrease inequalities. True or
false. Explain. [2 marks]
Approximate length: 3 lines
6- Based the reading on child stunting and economic growth:
a. Evaluate whether the following statement is True or False and explain why.
Interventions designed under the assumption that economic growth translates into improved child well-being (stunting) are highly effective. [2 marks]
Approximate length: 3 lines
b. Evaluate whether the following statement is True or False and explain why?
Stunting is a critical issue that must be addressed, but its impacts are limited to the children’s physical health and have no consequences on their life course. [2 marks] Approximate length: 3 lines
7- Compare income inequalities between China and the Philippines:
a. Using the information provided in the graph.
b. Using information provided in the table.
c. Based on your answers to part a and part b, do you think the researcher needed the information provided in the table? Explain.
[3 marks]
|
Country |
Gini |
|
China |
42.1 |
|
Philippines |
43 |
|
South Africa |
63 |
|
Bangladesh |
32 |
|
Pakistan |
30 |
Approximate length: 4 lines
8- Among the properties of the inequality indices, we have seen the Pigou Dalton principle. Do
you think that Kuznets Ratios have this property? Explain. [2 marks]
Approximate length: 4 lines
9- Thinking of the Occupy Wall Street movement widely used slogan, explain what are the parts
of the distributions are referred to and compared? Do you think one could use a Gini index to convey the same idea this movement is conveying? Explain. [2 marks]
Approximate length: 2 lines
10- Maria and Khuzdar are two students who happen to live in the same province but are located in two different cities, and they do know each other. Maria and her friends are attending an all- girls school where all students are receiving a school lunch for free as part of a nutrition program designed by ECO2117 students (The objective of this program is to improve students’ nutrition). Khuzdar and his friends attend an all-boys school where there are no free lunches provided; however, the school is also part of the nutrition program evaluation experiment. The two cities are very comparable in terms of geography and other characteristics.
a. Using the information provided above, explain whether (or not) ECO2117 students should worry about attrition resulting from the design of their nutrition program (hint:
start by defining attrition). [2 mark]
Approximate length: 5 lines
b. Assume that you are informed that a mistake happened when running the experiment and the randomization was performed in all-boys school and an all-girls school that are located in the same city. Hint: your answer will heavily depend on the assumption you make. Your assumption should be reasonable. [1mark]
Approximate length: 3 lines
c. One of your friends who does not know about randomized experiments learns about the free school lunch program and suggests to you that it is better to provide some of the students in Khuzdar’s school with free lunch using a lottery. Do you agree with this suggestion? Explain. [1 mark]
Approximate length: 4 lines
2022-04-29