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.
E)is a necessary result of economic growth.

Question

Quizplus · Accepted Answer

Corruption curtails economic growth as it diverts resources to wasteful activities, distorts the allocation of resources, undermines the rule of law and institutions, and reduces public trust in the government. It creates an uncertain business environment that discourages investment and economic activity.