Although endowed with rich natural resources, Nigeria is one of the poorest countries in the world, illustrating that
a. colonialism hinders even resource-rich countries from developing.
b. political and institutional development and stability and sound economic policy are necessary for growth.
c. exploitation by multinational corporations can impoverish even resource-rich countries.
d. resources alone provide a poor basis for economic development.
e. global financial institutions work to the disadvantage of poor nations.
b
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Policy tools that are focused on either increasing the availability of a good or reducing the need for that good would be looking at a problem from which perspective?
A. effective or efficient B. supply and demand C. liberal or conservative D. internal and external
In short, which of the following is true about Federalist No. 51?
A. It was adopted almost word for word into Article IV of the Constitution. B. It deals with the delegation problem of keeping the citizenry's agents honest. C. It was written by a leading Federalist who was later opposed to the adoption of the Constitution. D. It establishes the reasoning behind Madison's beliefs regarding the failure of pluralism.