Because the Political Institutions of Many Developing Countries Are Weak

question 89

Multiple Choice

Because the political institutions of many developing countries are weak:

• A)it is easier for them to conduct activist economic policies that foster development.
• B)it is harder for them to conduct activist economic policies that foster development.
• C)it is no more difficult for them to adopt activist economic policies than it is for developed countries.
• D)a laissez-faire policy is counterproductive.

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Definitions:

Merchandise Return

A transaction where customers return previously purchased merchandise to the seller for a refund, credit, or exchange.

Asset Account

An account that records the value of assets owned by a person or organization.

Revenue Account

A ledger account that tracks the income earned by a business from its operating activities, before any expenses are deducted.