21 Jul WHICH STATEMENT IS TRUE ABOUT THE IMPORTANCE OF MONEY IN THE ECONOMIC DEVELOPMENT?
Which statement is true abo Show more Question 14 Not yet answered Marked out of 1 Flag question Question text Which statement is true about the importance of money in the economic development? Select one: a. Failed economies are a result of peoples lack of money. b. If people in poor countries enjoyed higher levels of consumption even temporarily their economies would develop. c. Money is used to bribe politicians to do what people need the most. d. Money is helpful insofar as it can be used to improve infrastructure education healthcare and opportunities for citizens. Question 15 Not yet answered Marked out of 1 Flag question Question text Economic development is/are Select one: a. rising GDP b. an improved standard of living c. gains from trade d. higher possible levels of consumption Question 16 Not yet answered Marked out of 1 Flag question Question text The process of converting government-owned resources and factories into privately-owned ones is called Select one: a. Individualization b. Privatization c. Personalization d. Transfer Show less
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