(Last Word) Which of the Following Helps Explain Why the Economy

question 116

Multiple Choice

(Last Word) Which of the following helps explain why the economy of Venezuela has collapsed?

• A) increased oil production due to government nationalization of the industry
• B) government price controls that increase competition among small businesses
• C) a substantial crackdown on corruption caused many companies to be put out of business
• D) hyperinflation caused by printing money to pay for government spending

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Definitions:

Discriminatory

Pertains to unfair treatment or biased actions against individuals based on class, race, age, or other characteristics.

Normal Retirement Age

The age at which a person is eligible to retire and receive full benefits, as defined by governmental policies or individual retirement plans.

Employment Termination

The process of ending an employee's position within a company, which can be voluntary, involuntary, or due to external factors.

Canadian Charter

The Canadian Charter of Rights and Freedoms is a part of the Constitution of Canada that guarantees fundamental freedoms and rights to its citizens.