The New Policies Advanced by Deng

question 65

Multiple Choice

The new policies advanced by Deng

• A) were largely counterproductive, as employment and food production went down in the 1980s.
• B) roughly doubled China's per capita income during the 1980s
• C) combined economic collectivization and retaining political power in Communist hands.
• D) re-enforced the economic policies of Mao Zedong.
• E) "followed the socialist path."

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Definitions:

Economic Value Added

A financial performance metric that calculates the value a company generates from its capital investments, beyond the cost of capital.

Weighted Average Cost Of Capital

The overall rate of return that a company is expected to pay on average to all its security holders to finance its assets.

Market Value Of Equity

The total dollar value of a company's shares of stock on the open market.

Employee Absenteeism

The habitual non-presence of an employee at work, which can affect productivity and operational efficiency.