Which of the Statements Below Is Not a Reason for the High

question 24

Multiple Choice

Which of the statements below is not a reason for the high level of lending to less developed countries in the 1970s?

• A) Most countries borrow large amounts of money in the initial stages of development.
• B) The world real interest rate was high in the 1970s.
• C) In a growing developing economy, investment opportunities exceed the domestic population's capacity to save.
• D) The OPEC price increases caused consumers in non-oil-exporting LDCs to reduce their savings.

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Definitions:

Developmental Levels

Stages or phases in the growth or advancement of an individual or system, often used in reference to psychological or physical maturity.

Day-Care Experience

The range of activities, interactions, and experiences that a child encounters while being cared for in a day-care setting, which can impact their social, emotional, and cognitive development.

Home-Reared Children

Children who are raised primarily in a family home environment, often with a focus on personalized education and care.

Aggressive

Behaving in a forceful or hostile manner, often with the intention to dominate or intimidate.