Which of the following is most important if a country is going to achieve and sustain rapid economic growth?
What will be an ideal response?
an open and competitive capital market
You might also like to view...
In performing which of its primary functions does money solve the problem of the double coincidence of wants?
A) medium of exchange B) unit of account C) store of value D) barter system E) money supply
If the dollar interest rate is 4 percent, the euro interest rate is 6 percent, then
A) an investor should invest only in dollars. B) an investor should invest only in euros. C) an investor should be indifferent between dollars and euros. D) invest only in dollars if the exchange rate is expected to remain constant. E) invest only in euros if the exchange rate is expected to remain constant.
The market for toothpaste is a good example of perfect competition
a. True b. False Indicate whether the statement is true or false
If elasticity of demand is 10, a 1% increase in price will lower quantity demanded by
A. .1%. B. 1%. C. 10%. D. 100%.