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India Has Avoided the Financial Crises and Recessions Stemming from the United

Question 44

Multiple Choice

India has avoided the financial crises and recessions stemming from the United States and Europe because ________.


A) the economy of India is not intertwined with those of the developed countries
B) underdeveloped and developing countries are immune to inflation
C) the Indian government is not in debt
D) all goods and services have been heavily subsidized by the government

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