ECN Exam Quiz Answers Study Guide 2026 | Economics Review, Practice
Questions & Test Prep
In comparison to other countries, the share of GDP China devoted to R&D expenditures in 2014
was - ANS ✔✔Less than Korea and Japan, but higher than other countries at the same level of
income
China's approach to technology development - ANS ✔✔Changed direction after 2003-2005
toward more state direction of resources
Between 1996 and 2003 - ANS ✔✔50 million urban workers were laid off from state enterprises
in China
Evidence that urban labor markets are segmented includes all of the following except - ANS
✔✔Migrants cannot enter certain parts of Tier 1 cities
Migrants -- evidence that urban labor markets are segmented - ANS ✔✔Migrants are employed
mainly in the informal sector while urban permanent residents work mainly in the formal sector
Migrants dominate tiring and boring jobs, such as those in construction and textile mills
Migrants earn lower wages than others with similar education and experience
Among chinese urban workers, gender wage gaps - the difference between wages of male and
female workers with comparable education and experience - ANS ✔✔Increased after 1988 as
labor markets developed to match workers to jobs
The return to education in urban china - ANS ✔✔Was about the same as the return to
education in the USA by 2007
Questions & Test Prep
In comparison to other countries, the share of GDP China devoted to R&D expenditures in 2014
was - ANS ✔✔Less than Korea and Japan, but higher than other countries at the same level of
income
China's approach to technology development - ANS ✔✔Changed direction after 2003-2005
toward more state direction of resources
Between 1996 and 2003 - ANS ✔✔50 million urban workers were laid off from state enterprises
in China
Evidence that urban labor markets are segmented includes all of the following except - ANS
✔✔Migrants cannot enter certain parts of Tier 1 cities
Migrants -- evidence that urban labor markets are segmented - ANS ✔✔Migrants are employed
mainly in the informal sector while urban permanent residents work mainly in the formal sector
Migrants dominate tiring and boring jobs, such as those in construction and textile mills
Migrants earn lower wages than others with similar education and experience
Among chinese urban workers, gender wage gaps - the difference between wages of male and
female workers with comparable education and experience - ANS ✔✔Increased after 1988 as
labor markets developed to match workers to jobs
The return to education in urban china - ANS ✔✔Was about the same as the return to
education in the USA by 2007
