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Scenario: Learning the American Way

Question 70

Multiple Choice

Scenario: Learning the American Way
Sergei Chernovl is a Russian exchange student. To learn more about how a market economy functions, Sergei is writing a research paper comparing business in Russia with business in the United States.
-Sergei knows that an important factor in a market-based economy is privately operated companies. As Russia goes through the privatization process, its main objective is to ________.


A) increase tax revenues and productivity
B) increase employment and capital productivity
C) increase social welfare and land productivity
D) increase economic efficiency, boost labor productivity, and raise living standards

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