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29 Sep 2019
Timmy is rather confused. He thinks all of the following are part of the Washington Consensus. He is wrong. Which of the following is NOT part of the Washington Consensus?
a) Balanced government budgets are good for stabilizing the economy.
b) Foreign ownership of local commercial banks will help an economy to stabilize.
c) A better educated workforce will be more productive and help an economy grow.
d) Selling off state-owned enterprises will give the government more revenue.
e) Free trade helps poor economies develop economically.
Timmy is rather confused. He thinks all of the following are part of the Washington Consensus. He is wrong. Which of the following is NOT part of the Washington Consensus?
a) Balanced government budgets are good for stabilizing the economy.
b) Foreign ownership of local commercial banks will help an economy to stabilize.
c) A better educated workforce will be more productive and help an economy grow.
d) Selling off state-owned enterprises will give the government more revenue.
e) Free trade helps poor economies develop economically.
Verified Answer
Sonal BahlLv10
29 Sep 2019
14 Dec 2020
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