Which of the Following Is NOT a Way That Economic

question 93

Multiple Choice

Which of the following is NOT a way that economic growth is often harmed when corruption is widespread?

• A) Innovation may not occur when connections with government officials rather than new types of products are the factors that open doors for a business to expand sales.
• B) When bribes are paid frequently, the cost of doing business is higher.
• C) When political connections provide advantages to favored firms, the favored firms lose incentive to operate as efficiently as possible.
• D) Taxes are raised on everyone, which adds the efficiency of all firms.

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Definitions:

Engagement Ring

A ring typically given as a symbol of commitment when proposing marriage.

Conditional

A status that depends on certain requirements being met or conditions being fulfilled.

Recover

The act of obtaining a return to a normal state of health, mind, or strength, or regaining possession or control of something lost or taken away.

Marriage

Marriage is a legally or culturally sanctioned union between individuals that establishes rights and obligations between them, as well as between them and their children.