This topic contains a solution. Click here to go to the answer
« previous next »

Author Question: If the institutions in an economy change from being inclusive to extractive, then in the economy: ... (Read 63 times)

folubunmi

  • Hero Member
  • *****
  • Posts: 524
on: Jun 30, 2018
If the institutions in an economy change from being inclusive to extractive, then in the economy:
 
  A) the returns to entrepreneurship will increase.
  B) the opportunity cost of entrepreneurship will decrease.
  C) the number of entrepreneurs will decrease.
  D) existing entrepreneurs will earn higher profits.

Question 2

Refer to the scenario above. Real GDP of the country has grown by ________.
 
  A) 0.2 B) 10 C) 5 D) 20


Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

dyrone

  • Sr. Member
  • ****
  • Posts: 322
Reply #1 on: Jun 30, 2018
Answer to Question 1

C

Answer to Question 2

D


folubunmi

  • Member
  • Posts: 524
Reply 2 on: Jun 30, 2018
Wow, this really help

amandanbreshears

  • Member
  • Posts: 320
Reply 3 on: Yesterday
:D TYSM

« previous next »
 

Did you know?

The eye muscles are the most active muscles in the whole body. The external muscles that move the eyes are the strongest muscles in the human body for the job they have to do. They are 100 times more powerful than they need to be.

Did you know?

The tallest man ever known was Robert Wadlow, an American, who reached the height of 8 feet 11 inches. He died at age 26 years from an infection caused by the immense weight of his body (491 pounds) and the stress on his leg bones and muscles.

Did you know?

Limit intake of red meat and dairy products made with whole milk. Choose skim milk, low-fat or fat-free dairy products. Limit fried food. Use healthy oils when cooking.

Did you know?

Pink eye is a term that refers to conjunctivitis, which is inflammation of the thin, clear membrane (conjunctiva) over the white part of the eye (sclera). It may be triggered by a virus, bacteria, or foreign body in the eye. Antibiotic eye drops alleviate bacterial conjunctivitis, and antihistamine allergy pills or eye drops help control allergic conjunctivitis symptoms.

Did you know?

A serious new warning has been established for pregnant women against taking ACE inhibitors during pregnancy. In the study, the risk of major birth defects in children whose mothers took ACE inhibitors during the first trimester was nearly three times higher than in children whose mothers didn't take ACE inhibitors. Physicians can prescribe alternative medications for pregnant women who have symptoms of high blood pressure.

Two modes of evolutionary change. Two modes of evolutionary change.
Religion can promote social change, as was evident in the U.S. civil rights movement. Dr. Martin ... Religion can promote social change, as was evident in the U.S. civil rights movement. Dr. Martin ...
Marx's Model of Historical Change Marx's Model of Historical Change
Climate Change in East Asia Climate Change in East Asia
Ecological sensitivity to climate change Ecological sensitivity to climate change
For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ... For each function f(x) = 6x^2 - 4, estimate the instantaneous rate of change for the given ...
Video: Buffers definition and the role of buffer in the body

For a complete list of videos, visit our video library