The Two Paths to Economic Development, Which Are the Same

question 29

Multiple Choice

The two paths to economic development, which are the same for both developing countries and industrially advanced economies, are

• A)use existing resources more efficiently and expand the available resources.
• B)expand the government sector and preserve all available resources.
• C)enhance regulation and taxation, and redistribute income to reduce income disparity.
• D)expand the money supply and eliminate budget deficits.

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Definitions:

Intensity

The degree of strength, force, or concentration with which a particular attribute, emotion, or physical phenomenon is experienced or presented.

Conscientiousness

A personality trait characterized by organization, dependability, and a strong sense of duty.

Sensitive

describes a state or condition that requires careful handling due to potential for adverse reactions or outcomes.

MARS Model

A framework that identifies four factors—Motivation, Ability, Role Perceptions, and Situational Factors—that combined influence employee performance and behavior.