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Development Economics quizzes

How countries reduce poverty and improve living standards, and how education, institutions and public policies shape their progress.

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From Development Economics: What Really Lifts Nations Out of Poverty

A country's GDP per person grows while its income inequality rises sharply. What can we conclude about its poorest people?

  1. Their income may not have risen at all
  2. Their income must have fallen sharply
  3. Their income must have risen as well
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Answer: Their income may not have risen at all

Average growth can be captured mostly by the top, so the poorest may gain little or nothing; averages alone can't tell us.

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