Homework answers / question archive / Virginia Tech ECON 92237 Quiz 1 1)In his brief article in Foreign Policy, Angus Deaton draws the reader’s attention to how small the amount money each citizen of the developed world would have to give so that the global poor would escape dollar- per-day poverty

Virginia Tech ECON 92237 Quiz 1 1)In his brief article in Foreign Policy, Angus Deaton draws the reader’s attention to how small the amount money each citizen of the developed world would have to give so that the global poor would escape dollar- per-day poverty

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ECON 92237

Quiz 1

1)In his brief article in Foreign Policy, Angus Deaton draws the reader’s attention to how small the amount money each citizen of the developed world would have to give so that the global poor would escape dollar- per-day poverty. Despite noting how small it is, Deaton calls it “irrelevant.” Why?

a.            The citizens don’t care about the global poor

b.              This simple calculation fails to consider the incentives of the aid process

c.             Dollar-per-day poverty is irrelevant

d.            Public health projects are more important than poverty

2.            William Easterly argues that redistribution of income from the rich to the poor is the best option for improving the lives of the poor?

a.            True b. False