Consider two countriesA and B. Both the countries are identical except for the fact that institutions are extractive in country A and institutions are inclusive in country B.
Given this information, which of the following statements will be true?
A) Country A will be characterized by higher output and larger number of entrepreneurs than country B.
B) Country A will be characterized by lower output but larger number of entrepreneurs than country B.
C) Country A will be characterized by lower output and smaller number of entrepreneurs than country B.
D) Country A will be characterized by higher output but lower number of entrepreneurs than country B.
Question 2
Which of the following should be included in U.S. GDP?
A) a 3D television manufactured in Thailand and sold in the United States
B) a 3D television manufactured in the United States and sold in Thailand
C) a 3D television manufactured in Thailand by a U.S. firm and sold in the United States
D) a used 3D television manufactured in the United States and sold in Thailand
The declining age of menarche over the past 150 years has been measured in many European countries,
Divorce Rates, Selected Countries In many countries divorce rates have risen in recent decades.
The developed countries must reduce the level of greenhouse gas emissions
Many countries do not produce enough food and need to import food from the United States
Other countries are “Americanizing” their local culture’s diet
#38.Genetically identical organisms derived from a single genetic source are #39