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Question 1: True/False (15 points) i. Even when we consider limited information in credit markets and enforcement costs, these factors cannot explain the high interest rates charged by informal moneylenders in low-income countries. True 0 False ii. People in developing countries are more likely to be affected by infectious diseases than people in developed countries. True False iii. Malaria is a major cause of death for children under age 5, but the prevalence of malaria has decreased significantly in the past two decades. True False iv. The general consensus from the development economics literature is that overpopulation unambiguously hurts development. True False V. Evidence suggests that both colonialism and the Euro-American slave trade continue to affect institutions in developing countries today. True False