Author Question: The Millennium Development Goals include a. eliminating the proportion of people living on less ... (Read 59 times)

a0266361136 · **on:** Jun 30, 2018

The Millennium Development Goals include

a. eliminating the proportion of people living on less than 1 per day.
b. universal primary education.
c. increasing exports by one half.
d. all of the above.

Question 2

Some governments have made great efforts to formalize informal firms by extending regulations and their enforcement. Might governments be better advised to ignore, or even help, informal firms?

What will be an ideal response?

macagn · **Reply #1 on:** Jun 30, 2018

Answer to Question 1

B

Answer to Question 2

The contributions of informal firms (output, employment, training, etc.) should be mentioned, along with the cost of enforcing regulations on many small firms. Given many advantages to medium and large firms, government might be better off allocating its resources to enforcing legitimate regulations on those firms and letting smaller ones operate more freely.