A Requirement for Development Is

question 48

Multiple Choice

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

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Definitions:

Law

A system of rules created and enforced through social or governmental institutions to regulate behavior.

Financial Implications

Refers to the potential outcomes or impacts of business decisions or actions on a company's financial health or performance.

Ethical Decisions

Choices made based on moral principles and values that aim to discern right from wrong and often consider the broader impact on society or stakeholders.

Industry Code of Ethics

A set of principles and guidelines designed to help professionals conduct business honestly and with integrity.