Ability Refers to the Relatively Stable Capabilities People Have to Perform

question 79

True/False

Ability refers to the relatively stable capabilities people have to perform a particular range of different but related activities.

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Definitions:

Central Banks

National institutions tasked with overseeing a country's currency, money supply, and interest rates, and supervising its banking system.

Developing Countries

Nations with relatively lower levels of industrialization, lower standards of living, and often a lower Human Development Index (HDI) compared to developed countries.

Direct Cash Transfers

A form of financial aid where money is given directly to individuals, typically by the government, without any intermediary goods or services.

Conditional Cash

Money awarded or transferred under specific conditions or requirements, often used in social programs to encourage positive behaviors.