World bank as indicator of institutional quality-governance

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Reference no: EM132223189

1. Jafar has decided to sue Aladdin for the back rent. Jafar files suit in the municipal court of Agrabah. Which of the following correctly states the events that follow? A. After Aladdin receives the answer, he must respond in 28 days. B. After Aladdin receives the reply, he has 28 days to file a counterclaim. C. After Aladdin receives the complaint, he has 28 days to file a reply. D. After Aladdin receives the complaint, he has 28 days to file an answer.

2. Which of the following is not measured by the World Bank as an indicator of institutional quality or governance?

a. civil liberties

b. political stability

c. corruption

d. government effectiveness

e. income redistribution

3. If convergence is occurring between rich and poor countries one would expect

a. Economic growth rates to equalize

b. Rich countries to grow more quickly than poor countries

c. Rich countries to grow more slowly than poor countries

d. Population growth to be faster in poor countries that rich countries

e. Population growth to be slower in poor countries than rich countries

4. The rate of unemployment will be higher (for a given level of labour market coordination)

a. if firms have less monopoly power

b. if workers have less monopoly power

c. if firms have monopoly power but workers have none

d. if both firms and workers have monopoly power

e. if there is no monopoly power

Reference no: EM132223189

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