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    Principles of Microeconomics
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    Exam 21: The Economic Problems of Less-Developed Economies
  5. Question
    Which of the Following Is Not an Obstacle to Development
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Which of the Following Is Not an Obstacle to Development

Question 9

Question 9

Multiple Choice

Which of the following is not an obstacle to development for many less-developed countries?


A) lack of industry
B) lack of infrastructure
C) interest rate ceilings
D) traditional skills
E) high savings rate

Correct Answer:

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