The macroeconomic policy choices of developing countries like Zambia and Namibia:
A)are similar to those of developed countries, because their institutions are similar.
B)differ from those of developed countries, even though their institutions are similar.
C)are similar to those of developed countries, even though their institutions differ.
D)are different from those of developed countries, because their institutions are different.

Question

Quizplus · Accepted Answer

Developing countries like Zambia and Namibia often have different macroeconomic policy choices from developed countries due to differences in their institutions, economic structures, and development challenges. These differences in institutions and economic conditions necessitate different policy approaches.

The Macroeconomic Policy Choices of Developing Countries Like Zambia and Namibia