An Economy Is Not Able to Develop Because of a Lack

question 131

Multiple Choice

An economy is not able to develop because of a lack of capital. Which of the following strategies would you suggest this economy pursue?

• A) lower interest rates
• B) impose quotas on how much capital can be imported from other countries to reduce dependency on foreign capital
• C) increase the political stability of the economy
• D) nationalize private enterprises because the government sector is not motivated by profit maximization

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Definitions:

Intention Level

The degree of determination or resolve one has in aiming to accomplish a specific goal or task.

Retention

The ability to keep or retain information, employees, or students over time.

Recall

The cognitive process of retrieving information from memory without the aid of cues.

Retain

The ability to keep or hold on to information, knowledge, or possessions.