The lack of investment in developing countries is at least in part attributable to:
A. high levels of foreign aid.
B. low levels of domestic savings.
C. inappropriate education.
D. overpopulation.
Answer: B
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The term "industry concentration":
A) refers to the degree of product differentiation in an industry. B) is a measure of how many firms produce the total output of an industry. C) refers to how capital or labor intensive a particular industry is. D) is a measure of how many customers purchase the total output of an industry.
The Monetary Control Act of 1980 extended the Fed's authority to:
a. impose required-reserve ratios on all depository institutions. b. control the discount rate. c. control the federal funds rate. d. all of these.
Why do foreigners export goods and services to buyers in the United States?
What will be an ideal response?
The activity known as shirking is LEAST likely to occur when:
A. all workers are paid the same wage rate. B. firm ownership is separated from the managerial control. C. the earnings of a worker are closely tied to the worker's output. D. workers are not monitored.