Development Economics Must Have a Scope Wider Than Traditional Economics

question 15

Multiple Choice

Development economics must have a scope wider than traditional economics because

• A)values and attitudes play little role in the pace of development.
• B)people in developing societies do less utility-maximizing.
• C)transformation of social institutions is necessary for development.
• D)all of the above.

---

Definitions:

Personality Types

A classification of different types of individuals' personalities based on certain characteristics and behavioral patterns they share.

Factorial Designs

Experimental designs used to study the effects of two or more factors by varying them simultaneously, allowing the investigation of interactions among factors.

Independent Variable

The variable in an experiment that is manipulated or changed to observe its effects on the dependent variable.

Interaction Effect

A statistical phenomenon where the effect of one independent variable on a dependent variable varies depending on the level of another independent variable.