Due: 9 November, 2009
Quiz 2
*This quiz covers material from October 16th to November 2nd inclusive. Please type
your answers. You have 90 minutes to complete this exam.
This exam is closed book and closed note. Please do not use any reference material
while completing this exam.
Part 1
Please answer only three of the following questions (10pts each):
1. a. Name the four categories of water contaminants and give an example of each.
(4 points)
b. Name four water tests that we performed in lab. What do the results of these
tests mean for water quality? Then, describe the procedure for two of these tests
in detail. (6 points, 1 page single-spaced MAX)
2. Contrast the IMF and the World Bank in chart form (You do not have to
show/describe all their differences; 5 are sufficient). Write one paragraph that
summarizes your chart and gives the implications of the differences you have
listed (i.e. what do these differences mean when a country is working with the
WB or the IMF?).
3. What’s the difference between Keynesianism and Monetarism? When and why
did each of these theories come about (exact dates not needed just the events
and thinking that resulted in these theories’ generation.) (1/2 page single-spaced
MAX)
4. a) Name and explain two reasons why formal institutions/traditional banking
systems are reluctant to provide credit to the poor.
b) Name and explain two lessons learned about micro credit delivery.
(1-page single-spaced MAX for a) and b) combined)
1
PART 2
Please answer the following question:
1. Name the country where you will be going to for IAP. Who is the current head of
state of that country and how would you greet them in the local (i.e. not English)
language of that country? (10 points)
2
MIT OpenCourseWare
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EC.701J / 11.025J / 11.472J D-Lab I: Development
Fall 2009
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