The Biggest Capital Citi…

                                    The Biggest Capital Cities Capital City Country Population(data from 2005-2011) Continent Tokyo Japan 13,185,502 Asia Seoul South Korea 10,464,051 Asia Tehran Iran 9,110,347 Asia Mexico City Mexico 8,841,916 North America Jakarta Indonesia 8,489,910 Asia Bogotá Colombia 7,866,160 South America Beijing China 7,741,274 Asia Cairo Egypt 7,438,376 Africa London United Kingdom 7,287,555 Europe Lima Peru 7,220,971 South America Baghdad Iraq 7,216,040 Asia Bangkok Thailand 6,542,751 Asia Dhaka Bangladesh 6,080,671 Asia Riyadh Saudi Arabia 5,318,636 Asia Q1: How many capital cities are in this table? 

Statement 4. A poor farming household takes some lower-payin…

Statement 4. A poor farming household takes some lower-paying nonfarm work whose earnings remain available in bad harvest years. Banerjee and Duflo’s discussion suggests that this choice can be a response to limited insurance, even if specializing in farming would produce higher average income.

Statement 8. In a Lewis-type economy, industrial firms reinv…

Statement 8. In a Lewis-type economy, industrial firms reinvest their profits, industrial employment expands, and industrial real wages change very little. This combination is consistent with the model while traditional-sector workers remain available at the prevailing industrial wage.