A necessary condition for successful economic development is democracy.
a. true
b. false
Ans: b. false
You might also like to view...
All of the following are considered trade secrets except which one?
A) the creation of a new product B) plans for future expansion C) customer lists D) product recipes
In 2015, the total income of all U.S. residents was approximately $16 trillion
a. True b. False Indicate whether the statement is true or false
Under a floating exchange-rate regime, with a contraction in the money supply, which of the following is likely to happen in the short run?
A. Inflow of foreign capital B. Deficit in the financial account C. Rise in the domestic price level D. Increase in the country's holdings of official international reserves
One reason that college graduates earn higher wages than non-graduates is because:
A. college graduation serves as a signal of the individual's productivity. B. there are no additional skills learned in college that increase productivity. C. college graduates are always less intelligent than non-college graduates. D. college graduates are less equipped to deal with technological change, as their skills are technology-specific.