Which of the Following Is True of Foreign Aid to Sub-Saharan

question 75

Multiple Choice

Which of the following is true of foreign aid to sub-Saharan Africa?

• A)foreign aid has funded valuable medical resources for the treatment of Malaria and the human immunodeficiency virus.
• B)Counterproductive institutions and policies have been a major contributing factor to the poor economic performance of the region.
• C)During 1980-2005,foreign aid covered between 60 and 70 percent of government expenditures in many sub-Saharan African countries.
• D)All of the above.

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Definitions:

9/11

The series of coordinated terrorist attacks carried out by al-Qaeda on September 11, 2001, targeting the World Trade Center in New York City and the Pentagon.

Gross Savings

The total amount of savings generated by an economy before accounting for depreciation costs.

Personal Savings

The portion of disposable income not spent on consumption but kept aside for future use or emergencies.

Business Savings

Business Savings refers to the portion of a business's profits that are set aside for future investment, as opposed to being distributed to shareholders or used for current expenses.