Corruption
A)curtails economic growth.
B)raises the rate of growth as bribes enhance income.
C)is eliminated by foreign direct investment.
D)acts as a magnet for foreign direct investment.

Question

Quizplus · Accepted Answer

Corruption curtails economic growth by diverting resources away from productive uses, reducing public investment, and increasing transaction costs for businesses. It leads to a lack of trust in public institutions, undermining investor confidence and hindering economic development.