Foreign aid:
A. provided by developed countries to developing countries represents about 10 percent of the GDP of developed countries.
B. is an important source of funding for investment in most developing countries.
C. does not contribute much to domestic investment in most developing countries.
D. is largely wasted in most developing countries because it comes with no strings attached.
Answer: C
You might also like to view...
Since 1960, the labor force participation rate in the United States
A) at first rose sharply and then gradually decreased. B) has generally increased. C) has remained remarkably stable. D) has generally decrease. E) at first gradually decreased and in recent years has risen sharply.
If the government wanted a tax to not burden producers much, it would want to tax an industry with
a. elastic supply and demand curves. b. inelastic supply and demand curves. c. inelastic supply and elastic demand. d. elastic supply and inelastic demand.
If a firm is earning a negative economic profit, it means that:
A. the resources should not be invested in other business opportunities. B. the opportunity cost is smaller than what the firm is earning. C. more profits could be earned with the same resources in another industry. D. it must be earning negative accounting profit.
Modern terrorism overturns the central assumption of the Westphalian system that says only
a. democracies can provide a lasting form of power. b. weapons of mass destruction actually maintain peace. c. states have the military force to create serious security threats. d. economic inequality pits private citizens against one another.