Question: Economic Development (ECON 4560) Assignment 6 Total Points: 100 Part A. Multiple choice questions. Only circle the correct answers. Total points= (each question 3*10= 30

Economic Development (ECON 4560) Assignment 6

Total Points: 100

Part A. Multiple choice questions. Only circle the correct answers. Total points= (each question 3*10= 30 points).

  1. Education is recognized as a basic human right since:
    1. 1944
    2. 1948
    3. 1952
    4. 1956

  1. The association between wage and each additional year of schooling is the strongest in the following region:
    1. Sub-Saharan Africa
    2. East Asia and Pacific
    3. South Asia
    4. Middle East and North Africa

  1. Which of the following is the strongest predictor of economic growth?
    1. Test score
    2. Years of Schooling
    3. Number of primary schools per 1000 children
    4. Number of teachers per 1000 children

  1. In 2016, what percentage of students in grade 3 in rural India could master double digit subtraction?
    1. More than 34 %
    2. More than 40 %
    3. Less than 10 %
    4. Less than 28 %

  1. A 100-point difference in PISA scores is roughly equivalent to:
    1. 1 year of education
    2. 2 years of education
    3. 3 years of education
    4. 4 years of education

  1. In which of the following countries more than 50 percent of teachers consider their absences are acceptable as long as they complete the assigned curriculum?
    1. Argentina
    2. Tajikistan
    3. Indonesia
    4. Uganda
    5. Both a) and b)

  1. Returns to investment is the lowest during which period of life?
    1. In utero
    2. Pre School
    3. School
    4. Post-school

  1. According to WDR 2018, schooling expansion did not lead to a learning crisis in the following country/countries:
    1. Sudan
    2. Zambia
    3. South Korea
    4. Bangladesh
    5. Both a) and c)

  1. Which of the following is NOT a rationale for public spending on education?
    1. A concern for fairness because poor families are unable or unwilling to finance the education of their children.
    2. Education generates positive spillovers for the society
    3. Enable individuals to sort into non-agricultural occupation.
    4. Enable individuals to earn more.
    5. Both c) and d)

  1. Poor households tend to receive a greater share of public spending on primary schooling because:
    1. Only poor families can admit students in public primary schools.
    2. Poor families spend more money on food than on education.
    3. Poor families tend to have more children.
    4. Poor families tend to live close to public primary schools.

Part B. Descriptive questions. Answer the following problems in the space provided. Please show your work in an organized way.

  1. Answer the following questions from chapter 1 of WDR 2018 and PPT on the Benefits of Education: (35)
  2. Why do some economists argue that screening and signaling explain the positive association between education and wage?
  3. Based on the evidence presented in the report, do you think signaling and screening explain this relationship? Explain.
  4. Can education play a role in building better institutions? Explain.

  1. Why do we observe a weak relationship between education expenditure and learning outcomes? Explain the key reasons with examples. (35)

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