6. Development Economics

Institutions — Quiz

Test your understanding of institutions with 5 practice questions.

Practice Questions

Question 1

Which indicator measures the extent to which citizens can select their government through free and fair elections?

Question 2

Implementing a digital land registry that standardizes property records and allows online searches most directly reduces which institutional barrier?

Question 3

In a country with high regulatory capture, policymakers are most likely to make decisions that:

Question 4

An econometric study finds that a one-point improvement in a country’s rule of law score raises per-capita GDP growth by 0.5 percentage points. If the score increases from 2 to 4 on a 10-point scale, what is the projected increase in annual per-capita GDP growth?

Question 5

A country has strong environmental regulations codified in law but firms routinely bribe inspectors to ignore violations. This best illustrates weak ________ institutions.