Poor Countries Often Have Difficulty Investing in Capital Because

question 155

Multiple Choice

Poor countries often have difficulty investing in capital because

• A)development assistance is designed to increase consumer goods.
• B)multinational corporations do not bring technological advances into poor countries.
• C)the population is living at subsistence level and cannot afford to save.
• D)they suffer from the cost disease of personal services.

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Definitions:

Units

Basic quantities or measurements used to express a variable or to quantify the elements in an analysis.

Employed

Refers to individuals who are currently working in a paid job or running a business.

Units

Basic quantities or measurements, such as pieces or liters, used to quantify the amount of a product or substance.

Marginal Revenue Product

The additional revenue generated by employing one more unit of input, such as labor, in the production process.