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OB Research Has Identified Three Important Political Skills for Leaders

question 48

Multiple Choice

OB research has identified three important political skills for leaders to possess including ______.

Comprehend the impact of health, education, and nutrition on long-run economic growth.
Recognize the relationship between population growth and education levels.
Analyze the challenges poor countries face to catch up with rich countries in terms of economic growth.
Appreciate the societal benefits of education beyond individual gains.

Definitions:

Government Revenues

The total income received by the government from taxes and non-tax sources.

Transfer Payments

Payments made by the government to individuals, such as social security or unemployment benefits, that do not correspond to a current supply of goods or services.

Market Interest Rate

The prevailing rate at which borrowers are willing to borrow money and lenders are willing to lend in the market, often influenced by the central bank's policies.

Investment

The act of allocating resources, usually money, in the expectation of generating an income or profit.

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