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Author Question: All of the following are examples of institutions that promote real economic growth EXCEPT A) ... (Read 72 times)

mp14

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  • Posts: 534
on: Jun 30, 2018
All of the following are examples of institutions that promote real economic growth EXCEPT
 
  A) complex rules associated with business licensing used to promote careful business growth.
  B) patent laws that protect innovation.
  C) an efficient judicial system used to enforce contracts.
  D) strong law enforcement used to protect business interests.

Question 2

Several houses built in a country during a certain year got damaged due to an earthquake. Which of the following is likely to happen due to this damage?
 
  A) The country's GDP will remain unchanged. B) The trade surplus of the country will increase.
  C) The country's GDP will decrease. D) The trade deficit of the country will increase.


thall411

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Reply #1 on: Jun 30, 2018
Answer to Question 1

A

Answer to Question 2

A


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