Which of the Following Is Not a Reason Why Government

question 7

Multiple Choice

Which of the following is not a reason why government may play a key role in the early stage of economic development in developing nations?

• A) The infrastructure provided by government
• B) The abundance of entrepreneurs who need to be regulated
• C) The need to encourage saving and investment in the economy
• D) The provision of law and order so that commerce can flourish

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Definitions:

Liability

A legal responsibility or obligation, often involving financial compensation, that arises from actions or agreements.

Payable to Cash

A term indicating that a check or draft is to be paid to the bearer or holder, making it easily transferable.

Negotiated

Refers to the process where parties discuss terms and come to a mutual agreement.

Order Paper

A financial instrument payable to a specific person or entity, thus requiring endorsement for transfer.