When government inefficiencies exist and government officials can be bribed, then
A) dead capital will not exist.
B) the country will have positive economic growth.
C) a bribe will increase the cost of investing in capital.
D) property rights will be more secure since an official has been bribed to grant ownership to the business.
Question 2
Regulation imposed by such organizations as the Food and Drug Administration or the Environmental Protection Agency seeking to protect the welfare of people in our nation is referred to as
A) moral regulation.
B) natural regulation.
C) rate-of-return regulation.
D) social regulation.
Romanesque capital showing Samson and the lion (13th century).
Welcome sign for Kenton, Tennessee, an example of competition for "White Squirrel Capital"
This modified model of Easton’s systems theory puts government decision makers as the source of pol
Growth of Government Spending, 1870–2009
Share of Human Capital in Wages in Developing Countries
A Production Function with Diminishing Marginal Product of Capital