Problem 1:
a. Distinguish between underemployment and unemployment?
b. Why do they constitute a serious development problem?
Problem 2:
a. Compare basic types of planning models: aggregate growth models, input-output analysis, and project appraisal.
b. What do you think are the strengths and weaknesses of these models from the standpoint of planning in developing countries?
Problem 3:
a. Describe the various forms that official foreign aid can take.
b. Distinguish between multilateral and bilateral assistance. Which do you think is more desirable, and why?