To Move Up the Income Ladder and Achieve High-Income Status

question 22

Multiple Choice

To move up the income ladder and achieve high-income status, countries must

• A) have sustained economic growth.
• B) restrict international trade.
• C) encourage the production of consumption goods rather than investment goods.
• D) maintain high inflation.

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Definitions:

Changes Observed

Alterations or variations that have been noticed or recorded in a particular condition or situation over time.

Experimenter Bias

A form of bias introduced by the expectancies or preferences of the researcher that can affect the outcome of an experiment.

Expected Outcome

The anticipated result or effect of an action, process, or experiment.

Experiment

An experiment conducted for the purpose of discovering something new, verifying a hypothesis, or proving an established fact.