A requirement for development is
a. an unreliable system of financial institutions
b. a lack of saving by households and firms
c. low confidence in domestic currency
d. low and predictable inflation that encourages saving
e. None of the answers is correct
D
You might also like to view...
Whether a company produces fishing rods mostly by hand or using high-tech machinery is a question of
A) "When will the goods be produced?" B) "For whom will goods be produced?" C) "How will the goods be produced?" D) "Why will the goods be produced?" E) "Where will the goods be produced?"
Which of the following is included in the current account?
a. Net unilateral transfers. b. Goods imports. c. Goods exports. d. All are included in the current account.
An increase in household income for a good that is considered normal would
A. cause a movement along the demand curve to a (higher price, lower quantity) point. B. move its demand curve to the right. C. move its demand curve to the left. D. cause a movement along the demand curve to a (lower price, higher quantity) point.
When quantity supplied is greater than quantity demanded, market price is _______ the equilibrium price.
Fill in the blank(s) with the appropriate word(s).