Author Question: Which of the following stands true of corruption? a. Payment of money or gifts in order to receive ... (Read 78 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?

Persons who overdose with cardiac glycosides have a better chance of overall survival if they can survive the first 24 hours after the overdose.

Did you know?

The first monoclonal antibodies were made exclusively from mouse cells. Some are now fully human, which means they are likely to be safer and may be more effective than older monoclonal antibodies.

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Asthma occurs in one in 11 children and in one in 12 adults. African Americans and Latinos have a higher risk for developing asthma than other groups.

Did you know?

It is believed that humans initially contracted crabs from gorillas about 3 million years ago from either sleeping in gorilla nests or eating the apes.

For a complete list of videos, visit our video library