Author Question: An implication of the return-to-entrepreneurship curve is that: A) for a relatively lower return, ... (Read 126 times)

kwoodring

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An implication of the return-to-entrepreneurship curve is that:
 
  A) for a relatively lower return, there will be more entrepreneurs with at least that return.
  B) all entrepreneurs in an economy with inclusive institutions have exactly the same return.
  C) all entrepreneurs in an economy with extractive institutions have exactly the same return.
  D) for a relatively lower return, there will be fewer entrepreneurs with at least that return.

Question 2

What is the relationship between the gross domestic product of a country and the level of life satisfaction in the country?
 
  What will be an ideal response?


yifu223

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Answer to Question 1

A

Answer to Question 2

GDP turns out to be an excellent predictor of life satisfaction. It has been found that there exists a robust relationship between GDP and life satisfaction in a large sample of countries. The countries with higher levels of per-capita GDP report higher levels of life satisfaction.



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