Exam 20: Developing and Transitional Economies

Sjen Mavago,the economics minister of the country of X-Marks-the-Spot,has concluded that entrepreneurs are unable to generate the kind of growth the country needs.Her decision to create state enterprises might be motivated by the desire to

Which of the following is not a country that has more people over the age of 65 than under the age of 15?

In centrally planned economies,most prices are not

If the centrally planned economy of Rowboat dismantles central controls before institutions such as property rights are in place,instability will most likely result.

A firm should be transparent,meaning

The country of Bananaland has an abundant supply of banana trees and therefore must be a modern industrial economy.

Developing countries must confront industrial countries' trade restrictions,such as tariffs and quotas.

A soft budget constraint applies when enterprises that earn profits distribute those profits to their private owners.

There is a tremendous range in productive performance around the world.

In recent years in Russia,the most popular tax system has been

Developing countries

Disappointed with problems caused by being a recipient of foreign aid from donor governments,the country of Upsilon should consider

Privatization is the

Around the world,once-socialist countries have replaced central plans with

Which of the following is true about foreign aid provided by the United States?

Which of the following occurs when there was a shortage of supply in a centrally planned economy?

In developing countries,it is not true that

A World Bank study suggest a strong link in Africa between governments that __________ special-interest groups and __________ rates of economic growth.

The bulk of exports from industrial countries are

Which of the following statements best serves as a summary of the other statements?