The unbalanced development strategy is preferred by many economists because
a. it relies on the vast resources of government rather than on the unreliable promises of private investment
b. it creates a dynamic chain reaction of economic development
c. it promotes economic dualism
d. it overcomes the obstacles created by forward and backward linkages
e. it favors demand-induced investments over supply-induced investments
B
Economics
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According to your text, when people talk about "the economy", they probably have in mind
A) the stock market. B) commercial society in general. C) the marriage market. D) black markets.
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Inflation reduces the multiplier effect by reducing consumers’ wealth and purchasing power.
Answer the following statement true (T) or false (F)
Economics