Which of the Following Statements Is NOT True

question 57

Multiple Choice

Which of the following statements is NOT true?

• A) Business groups have frequently supported and colluded with corrupt military and civilian governments.
• B) Recently, business groups have begun to take a more political stance by advocating better governance.
• C) The Nigerian business class has historically been described as "pirate capitalists" due to their corrupt practices and high level of collusion with state officials.
• D) The largest business organization is the Nigerian Association of Chambers of Commerce, Mines and Agriculture.
• E) Business groups have never had a say in the development of economic policy.

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Definitions:

Hong Kong Dollars

The official currency of Hong Kong, which is a Special Administrative Region of China.

Futures Price

The agreed-upon price between buyer and seller for the future delivery of an asset, utilized in future contracts.

Risk-free Rate

The theoretical return of an investment with zero risk, typically represented by the yield of government bonds of a stable country.

Spot Exchange Rate

The current price at which one currency can be exchanged for another.