This topic contains a solution. Click here to go to the answer

Author Question: If the institutions in an economy change from being inclusive to extractive, then in the economy: ... (Read 73 times)

folubunmi

  • Hero Member
  • *****
  • Posts: 524
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
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
YES! Correct, THANKS for helping me on my review

 

Did you know?

On average, someone in the United States has a stroke about every 40 seconds. This is about 795,000 people per year.

Did you know?

Interferon was scarce and expensive until 1980, when the interferon gene was inserted into bacteria using recombinant DNA technology, allowing for mass cultivation and purification from bacterial cultures.

Did you know?

There are approximately 3 million unintended pregnancies in the United States each year.

Did you know?

The people with the highest levels of LDL are Mexican American males and non-Hispanic black females.

Did you know?

Sperm cells are so tiny that 400 to 500 million (400,000,000–500,000,000) of them fit onto 1 tsp.

For a complete list of videos, visit our video library