Development Experts Are Less Enthusiastic Than They Used to Be

question 107

Multiple Choice

Development experts are less enthusiastic than they used to be about three decades ago about the positive role of DVC governments in promoting economic growth in their less-developed nations because of the

• A)corruption in government.
• B)availability of foreign aid.
• C)need for a greater tax collection.
• D)need for more public capital goods.

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Definitions:

Collection Delay

The time it takes for a company to receive payment from its customers for invoices issued.

Average Amount

The arithmetic mean of a set of numbers or quantities, calculated by dividing their sum by the count of numbers.

Target Cash Balance

The optimal amount of cash that a company aims to maintain to minimize costs while still meeting its financial obligations and avoiding liquidity issues.

Carrying Costs

The total costs associated with holding inventory, including warehousing, insurance, and loss from obsolescence.