ISET Economic History, Quiz 1

Question 1

The best measure of the level of technological advance of economies before 1800 is

Accepted Answer

The population density

Question 2

Unrestricted fertility rates for women could be as high as 10 births per woman. For most Malthusian economies it was

Accepted Answer

5

Question 3

Malthusian model tells us that birth rates increase with income before 1800. If birth rates were unchanged with income

Accepted Answer

Increases in mortality would improve incomes and leave life expectancy same

Question 4

We know that the peoples of the America’s were much less technologically advanced than the Europeans circa 1500 because

Accepted Answer

The total population of Americas was 16 times lower than in Eurasia

Question 5

Smallpox vaccination was introduced in 1796. If the IR had not occurred, the long run effect of this would have been

Accepted Answer

Life expectancy increases, wages fall, population grows

Question 6

The economy in China in 1600-1700 we believe was still a Malthusian economy. This was because:

Accepted Answer

The technology of the society was improving only slowly.

Question 7

Suppose that in France in 1300 the government improved sanitation in towns. In the long run life expectancy

Accepted Answer

Increases

Question 8

In a Malthusian economy there is a one time improvement in the technology. The effect of this in the short run is

Accepted Answer

Wages go up, the birth rate increases, and the death rate falls

Question 9

What happens to the real wage in the long run as a result of the decline in death rates from 50 to 40 per thousand?

Accepted Answer

Decreases.

Question 10

Which of the following incentives were lacking in the Medieval England, compared to the modern times?

Accepted Answer

Reward for knowledge creation

Questions 10