Which Statement Regarding Kazakstan's Infrastructure Is True

question 95

Multiple Choice

Which statement regarding Kazakstan's infrastructure is true?

• A)Kazakstan has an extensive railway network that carries products within the country.
• B)Kazakstan has a well-developed highway system that allows trucks to move product within the country.
• C)Kazakstan's telecommunications infrastructure is well developed, resulting in new e-business start-ups.
• D)All of the statements are true.

---

Definitions:

Income Elasticity

An assessment of the variation in consumer demand for a product or service based on fluctuations in the consumer's income.

Consumer Income

The total income that consumers have available to spend on goods and services, after taxes and other deductions.

Normal Goods

Goods for which demand increases as consumer income rises, and decreases as consumer income falls.

Income Elasticity

A measure of how the demand for a good or service changes in response to changes in consumers' income.