Foreign investment can give a low-income country
A) no hope to break the vicious cycle of poverty.
B) a path to dependency and low growth.
C) access to funds for investment and access to technology.
D) the means to slow down growth.
C
You might also like to view...
In the figure above, the SLF curve is the supply of loanable funds curve and the PSLF curve is the private supply of loanable funds curve
Given these curves, there is a government budget ________ and therefore the real interest rate is ________ than it would be otherwise. A) deficit; lower B) surplus; lower C) deficit; higher D) surplus; higher E) deficit; not different
Credit rationing refers to
A) the increase in the interest rate that occurs when the demand for credit increases. B) the increase in the interest rate that occurs when the supply of credit increases. C) the increase in the interest rate that occurs when the supply of credit decreases. D) a restriction in the availability of credit.
The president of the Federal Reserve Bank of which district has a permanent vote in the Federal Open Market Committee?
a. San Francisco. b. New York. c. Chicago. d. Atlanta e. Boston.
Suppose that the economy is in equilibrium at an income level of $2,000 when Ii = $200, and that the MPC = .75 . If Ii falls by $50, the equilibrium level of income will fall by
a. $50 b. $100 c. $200 d. $250 e. $400