Successful Foreign Aid Programs

question 26

Multiple Choice

Successful foreign aid programs

• A) enhance a DVC's resources and therefore shift its production possibilities curve to the left.
• B) enhance a DVC's resources and therefore shift its production possibilities curve to the right.
• C) move the DVC from a high-investment-low-consumption position to a low-investment-high- consumption position on its stable production possibilities curve.
• D) cause a DVC's exchange rate to depreciate.

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Definitions:

Liability Accounts

Accounts on a company's balance sheet that track what the company owes to others, such as loans payable, accounts payable, and mortgage payable.