Using a big-push strategy for LDC economic development, the private sector
a. does not participate at any stage
b. participates actively only at the beginning
c. contributes matching funds to all government-financed projects
d. participates after the government push creates the multiplicity of markets
e. hurts the process by charging high prices for goods produced since it typically has monopoly power
D
You might also like to view...
An individual's labor supply curve will have a
A) positive slope if the income effect exceeds the substitution effect. B) negative slope if the substitution effect exceeds the income effect. C) positive slope if the substitution effect exceeds the income effect. D) negative slope regardless of whether the substitution effect or income effect is larger.
There are stereotypes (myths) about home-based businesses. Which of the following statements is a stereotype?
a. Most home-based businesses are run by women such as child care centers b. Most home-based businesses are run by men on computers c. It is hard to have a home-based business, too many conflicts d. Most home-based businesses are financially stable, rewarding