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Author Question: The concept of "institution building"is becoming more prominent. Which of the following best ... (Read 23 times)

desireelg_7

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on: Oct 12, 2022

Question 1

Economists use the term "market failure" to refer to those free-market situations where
◦ externalities do not exist in the economy.
◦ the economy is not in equilibrium.
◦ income is not distributed equitably.
◦ allocatively efficient outcomes are not achieved.
◦ government has intervened in the economy.

Question 2

The concept of "institution building" is becoming more prominent. Which of the following best describes the aim of institution building?
◦ Canada's aid to developing countries is being focused on creating the economic institutions, such as a central bank, that are key to a country's economic growth.
◦ The rich, developed countries focus their assistance to developing countries on creating stable political infrastructures.
◦ In Canada, for example, the strengthening of existing financial institutions is key to the country's economic well-being.
◦ The rich, developed countries focus on the success of institutions that are global in nature, such as the United Nations, The World Bank and the International Monetary Fund.
Microeconomics ¦ Ragan ¦ 17th Edition
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Marked as best answer by desireelg_7 on Oct 12, 2022

xinyifff

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Reply #1 on: Oct 12, 2022
Lorsum iprem. Lorsus sur ipci. Lorsem sur iprem. Lorsum sur ipdi, lorsem sur ipci. Lorsum sur iprium, valum sur ipci et, vala sur ipci. Lorsem sur ipci, lorsa sur iprem. Valus sur ipdi. Lorsus sur iprium nunc, valem sur iprium. Valem sur ipdi. Lorsa sur iprium. Lorsum sur iprium. Valem sur ipdi. Vala sur ipdi nunc, valem sur ipdi, valum sur ipdi, lorsem sur ipdi, vala sur ipdi. Valem sur iprem nunc, lorsa sur iprium. Valum sur ipdi et, lorsus sur ipci. Valem sur iprem. Valem sur ipci. Lorsa sur iprium. Lorsem sur ipci, valus sur iprem. Lorsem sur iprem nunc, valus sur iprium.
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desireelg_7

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Reply 2 on: Oct 12, 2022
Great answer, keep it coming :)

Viet Thy

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Reply 3 on: Yesterday
:D TYSM

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