Author Question: Which of the following stands true of corruption? a. Payment of money or gifts in order to receive ... (Read 40 times)

stock

  • Hero Member
  • *****
  • Posts: 573
Which of the following stands true of corruption?
 a. Payment of money or gifts in order to receive a government service or benefit is a widespread practice only in less-developed countries.
  b. Corruption reduces growth most directly through government investment in projects with high productivity.
  c. Corrupt governments spend less on capital goods than governments that are less corrupt.
  d. The more competitive a country's markets are, the fewer the opportunities for corruption.
  e. Private investment is relatively higher in countries in which government expenditure is very high.

Question 2

If Stephanie buys a laptop for 700 and the maximum she would have paid was 1,000, which of the following is true?
 a. Stephanie received consumer surplus of 1,000.
  b. Stephanie received producer surplus of 700.
  c. Stephanie received a consumer surplus of 700.
  d. Stephanie received a consumer surplus of 300.



jesse.fleming

  • Sr. Member
  • ****
  • Posts: 301
Answer to Question 1

d

Answer to Question 2

d



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

The senior population grows every year. Seniors older than 65 years of age now comprise more than 13% of the total population. However, women outlive men. In the 85-and-over age group, there are only 45 men to every 100 women.

Did you know?

Multiple experimental evidences have confirmed that at the molecular level, cancer is caused by lesions in cellular DNA.

Did you know?

Sildenafil (Viagra®) has two actions that may be of consequence in patients with heart disease. It can lower the blood pressure, and it can interact with nitrates. It should never be used in patients who are taking nitrates.

Did you know?

Most childhood vaccines are 90–99% effective in preventing disease. Side effects are rarely serious.

Did you know?

Eating food that has been cooked with poppy seeds may cause you to fail a drug screening test, because the seeds contain enough opiate alkaloids to register as a positive.

For a complete list of videos, visit our video library