Scenario: Learning the American Way

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 conducting research comparing businesses in Russia with businesses in the United States.
-Sergei learns that an important aspect of market-based economies is the private ownership of companies.As Russia goes through the privatization process,it aims to ________.

A) increase tax revenues
B) improve military defense
C) increase social welfare
D) increase economic efficiency