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ECON 4310 - Exam 3 || with Complete Solutions.

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ECON 4310 - Exam 3 || with Complete Solutions.

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ECON 4310 - Exam 3 || with Complete Solutions.
When the U.S. government provides a grant to build an electricity generator: correct answers it
counts as foreign aid.

When Citibank provides a commercial loan to build an electricity generator: correct answers it
does not count as foreign aid.

A loan counts as aid if it has a grant element of at least: correct answers 25 percent.

When the U.S. government provides a grant to purchase military equipment: correct answers it
does not count as foreign aid.

Most aid has been given: correct answers bilaterally.

In terms of total amount, which country gives the most aid? correct answers United States.

Surveys indicate that the U.S. public believes the United States spends how much of its budget
on aid? correct answers 20 percent.

In terms of aid as a percentage of GNI, which country gives the most aid? correct answers
Sweden

Primarily, the World Bank provides: correct answers loans to middle-income countries at market
rates.

True or False: Being a former colony substantially increases the probability of receiving aid
flows. correct answers True

Beginning in 2002, which country became the largest aid recipient in the world? correct answers
Iraq

As aid increases, GDP growth: correct answers none of the above; there is no definite
relationship between the two.

Aid falls to about 50 percent of its peak level after: correct answers 12 years.

A study on the flypaper effect in Indonesia revealed that aid: correct answers crowded in
government spending.

Aid has helped in all of the following areas except: correct answers stimulating tax revenue.

Before the 1950s, agriculture in nearly all developing countries relied on: correct answers
traditional technologies and crop varieties.

, By the 1960s, large public investments in crop science had begun to pay off in the form of:
correct answers seeds for improved crop varieties and packages of complementary inputs.

The Green Revolution has has the least impact thus far in: correct answers sub-Saharan Africa.

The months preceding the next harvest, when prices are at their highest, are known as the:
correct answers lease season.

The problem with the practice of shifting cultivation is that it has been linked to: correct answers
soil erosion.

It is currently estimated that for the time period ranging from 1997 to 2020, cereal demands in
developing nations will rise: correct answers 50 percent.

Which economist compared the actual performance of agricultural producers with their potential
performance? correct answers Arthur Mosher

The distribution of yields that are possible when all farmers maximize their profits given the
opportunities available to them in a given environment is known as: correct answers economic
ceiling.

Agronomist Norman Borlaug is often referred to as the father of: correct answers the Green
Revolution.

By the year 2002, what percentage of cropland in sub-Saharan Africa was irrigated? correct
answers 4 percent

Since the 1980s, the growth rate of yields in the world's major cereal crops has: correct answers
trended strongly downward.

The food policy dilemma, as defined by Timmer, Falcon, and Pearson, refers to: correct answers
conflicting interests of producers and consumers in regard to food prices.

What is the margin between farm-gate price and retail price called? correct answers marketing
margin

Share cropping is the dominant farming contractual arrangement in: correct answers South Asia.

Economists Derek Headey and Shenggen Fan have concluded that 60 percent to 70 percent of
the increase in corn prices is due to: correct answers the diversion

The bulk of world trade originates and is exchanged between ________________ economies.
correct answers high-income

Which country is the largest trading partner of the United States? correct answers Canada

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