Author: Study Clue

A country’s GDP may rise fast, yet development stays weak when most gains are captured by a small group and

Development economics studies how low-income countries can improve living standards by changing institutions, skills, and production over time A Short-run

Development economics mainly examines how policies can reduce poverty and raise living standards over time in low-income countries A Poverty

Development economics mainly studies A Weather and climate B Long-run welfare rise C Stock market tips D Daily price changes

When a poverty line is updated using a price index that poorly reflects poor households’ consumption basket, the poverty estimate

A poverty estimate can fall even without real improvement if the poverty line is A Raised uniformly B Indexed to

When poverty measurement changes from calorie norms to consumption-based baskets, the main purpose is to capture A Only food prices

When poverty is calculated using consumption spending instead of income, the main reason is that income A Is always tax-free

In economics, poverty is most commonly understood as a situation where a person A Has low savings B Lives in

A major reform step to reduce government burden in running businesses was to promote A Full price controls B Closed