One major criticism of foreign aid to developing countrie...
One major criticism of foreign aid to developing countries is that it
Gives too much power and control to world bank
Encourages growth in government bureaucracy
Is capital using rather than capital saving
Provides incentives for capital flight
Correct answer is C
The loans help to create poverty, as capital that could have been invested instead was channeled into debt repayment.
When elasticity is zero, the demand curve is____________ ...
The producer in a perfectly competitive market is faced with a demand curve whose elasticity is ...
An example of commodity money is ...
Human development can be improved if ...
The most generally accepted definition of Economics was given by ...
PN equals average revenue or marginal revenue cure of ...
In which of the following economic system is the consumer referred to as the king? ...
The instrument used in many countries to restrict imports includes ...