Hi there, I have got 3 set of economics problem. Please find attachments.

AN INTRODUCTION TO DEVELOPLMENT ECONOMIC


Question 1. (Points 1.5)

  1. During its one-child policy, the government of China had explicitly stated that the goal of its strict population control measures is to raise income per capita. What are the mechanisms at work in such a claimed relationship? Are there any counterarguments? (See Box 6.3 on page 321). (Chapter 6)

  1. India is expected to surpass the population of China in the next decade or so? What differences between these two nations could have contributed to this outcome? (Chapter 6)

Question 2. (Points 1)

Explain what is meant by “investment in children,” describing the goals and methods of the parents. (Chapter 6)


Question 3. (Points 1.25)

  1. Are developing countries experiencing a demographic transition much like the one developed countries did at their earlier stages of economic development or are there important differences? (Chapter 6)

  2. Explain the reasons for the hidden momentum of population growth and state its implication for population levels. (Chapter 6)

Question 4. (Points 1.25)

  1. (Chapter 7) Suppose the rural wage is $1 per day. Urban modern sector employment can be obtained with five probability and pays $2 per day. Will there be any rural–urban migration? Explain your reasoning, stating explicitly any simplifying assumptions, and show all work.

  1. (Chapter 7) What are the characteristics of those who migrate to urban areas? What positive and negative effects do their leaving have on those who remain?