Policies which promote good governance of a society are:
A. uncommon in nations with high growth rates.
B. based on favoritism.
C. not important to pursue in developing countries.
D. central to economic growth.
Answer: D
You might also like to view...
When oligopolists make joint decisions concerning their prices and output levels, they are
a. a natural oligopoly b. colluding c. a duopoly d. a homogeneous oligopoly e. practicing bilateralism
First National Bank (FNB) has a reserve ratio of 20 percent, a required reserve ratio of 10 percent, and deposits of $1,000 . If FNB receives an additional deposit of $100,
a. then it has required reserves of $210 and holds excess reserves of $10. b. then it has required reserves of $10 and holds excess reserves of $20. c. then it has required reserves of $110 and holds excess reserves of $190. d. then it has required reserves of $110 and holds excess reserves of $0.
Purchasing power parity is the theory that nominal exchange rates are determined:
A. by real exchange rates. B. as necessary for the law of one price to hold. C. by the forces of supply and demand. D. as necessary to achieve the fundamental value of the exchange rate.
An inferior good has an income elasticity of demand that is
A) positive. B) negative. C) positive but less than 1. D) zero.