Which of the Following Stands True of Corruption

question 51

Multiple Choice

Which of the following stands true of corruption?

• A)Payment of money or gifts in order to receive a government service or benefit is a widespread practice only in less-developed countries.
• B)Corruption reduces growth most directly through government investment in projects with high productivity.
• C)Corrupt governments spend less on capital goods than governments that are less corrupt.
• D)The more competitive a country's markets are, the fewer the opportunities for corruption.
• E)Private investment is relatively higher in countries in which government expenditure is very high.

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Definitions:

Controlling Costs

The practice of managing and regulating expenses to operate within a budget and maximize profitability.

Employee Benefits

Non-wage compensations provided to employees in addition to their normal salaries or wages, such as health insurance, retirement plans, and paid vacation.

Labor Market

A marketplace where employers find employees and vice versa, involving the supply and demand for labor.

Cost of Providing Health Care

The expenses involved in furnishing medical services, treatments, and medications to individuals.