Why Is Transparency International's Corruption Perception Index Important for Economic

question 72

Multiple Choice

Why is Transparency International's Corruption Perception Index important for economic systems?

• A) Because it shows economic systems function perfectly well without any attention to ethical issues.
• B) Because it shows that bribery and corruption are a necessary part of economic growth.
• C) Because it shows that economic growth increases at the same pace as political corruption.
• D) Because it shows that economic growth requires a level playing system for all risk-takers.

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Definitions:

Ounces

A unit of weight typically used in the United States and the United Kingdom, equal to one-sixteenth of a pound.

Margin of Error

An expression of the amount of random sampling error in a survey's results, indicating a confidence interval within which the true population parameter is expected to lie.

Confidence Level

The degree of certainty or probability that the values of parameters fall within a specified range in the context of statistical analysis.

Sample Size

The number of observations or replicas included in a statistical sample.