The view Dambisa Moyo promotes in her book "Dead Aid" is:
A. so much corruption and embezzlement exists around aid money, it causes more disruption and inefficiency than it helps.
B. the intended recipients of the money rarely receive it and, when they do, oftentimes don't know how to use it efficiently to actually progress.
C. aid distorts the marketplace, actually hurting local economies.
D. None of these statements is true.
Answer: C
You might also like to view...
Roxie's Movie Theatre is the only one in town. The table above gives the demand schedule for movies
If Roxie's is a single-price monopoly and the marginal cost of a movie is $6, Roxie's will charge ________ a movie and will sell ________ movie tickets a week. A) $15; 100 B) $12; 200 C) $6; 400 D) $9; 300
For a monopolist to sell more units of output
A. the other competing firms must sell fewer units. B. demand must become more elastic. C. the price must be reduced. D. the price must be increased.