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Please answer the following questions True or False. By 2000, Ukraine had a larger percentage of output produced in the private sector than did...

Please answer the following questions True or False.

  1. By 2000, Ukraine had a larger percentage of output produced in the private sector than did Hungary.
  2. Restructuring means the changing of decision-making arrangements in privatised enterprises and organizations.
  3. The absence of macroeconomic institutions and frameworks caused little, if any, difficulty for the transition economies.
  4. During the transition process, direct state control of the economy through an economic plan has to be replaced by a macroeconomic system of indirect influence.
  5. The policy environment of transition economies is much more simple than that of established capitalist market economies.
  6. Poorly developed or poorly functioning banking and financial system contributed to the collapse of investment in the early stages of economic transition in Russia and Eastern Europe.
  7. Typically, savings increased sharply in the early stages of transition.
  8. Macroeconomic balance requires that the sum of investment and private savings equals the sum of the government balance and the foreign balance.
  9. Macroeconomic balance requires that the sum of investment and private savings equals the sum of the government balance and the foreign balance.
  10. In all of the transition economics, the government balance increased between 1990 and 2002.
  11. The typical pattern of inflation in transition economics has been an increase in the early stages of transition, followed by a reduction in more recent years.
  12. In nearly all transition economics, there have been larger reductions in the Gini coefficient for income inequality.
  13. Been 1991 and 1996, ten transition countries became candidate members of the European Union, and all ten became members of the Two and GATT.
  14. While a convertible currency is a goal for all transition economics, it isn't necessary in order for a country to engage in free trade with the rest of the world. 
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