The Nobel Prize-Winning Economist Amartya Sen Has Argued That Development

question 148

True/False

The Nobel Prize-winning economist Amartya Sen has argued that development should be viewed purely as an economic process and not as a political one.

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Definitions:

Nearest Cent

Rounding an amount to the closest cent, often used in financial transactions to ensure accuracy.

One Decimal Place

A numerical value rounded to a single digit following the decimal point.

Compound Interest

A method where interest is accrued both on the initial sum either deposited or loaned out, and also on the interest that has built up over prior periods.

Nearest Cent

Rounding an amount to the closest cent (1/100th of a currency unit) based on its decimal value.