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 76 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
Thanks for the timely response, appreciate it


JaynaD87

  • Member
  • Posts: 368
Reply 3 on: Yesterday
Wow, this really help

 

Did you know?

Human stomach acid is strong enough to dissolve small pieces of metal such as razor blades or staples.

Did you know?

If you use artificial sweeteners, such as cyclamates, your eyes may be more sensitive to light. Other factors that will make your eyes more sensitive to light include use of antibiotics, oral contraceptives, hypertension medications, diuretics, and antidiabetic medications.

Did you know?

ACTH levels are normally highest in the early morning (between 6 and 8 A.M.) and lowest in the evening (between 6 and 11 P.M.). Therefore, a doctor who suspects abnormal levels looks for low ACTH in the morning and high ACTH in the evening.

Did you know?

Although not all of the following muscle groups are commonly used, intramuscular injections may be given into the abdominals, biceps, calves, deltoids, gluteals, laterals, pectorals, quadriceps, trapezoids, and triceps.

Did you know?

Signs and symptoms that may signify an eye tumor include general blurred vision, bulging eye(s), double vision, a sensation of a foreign body in the eye(s), iris defects, limited ability to move the eyelid(s), limited ability to move the eye(s), pain or discomfort in or around the eyes or eyelids, red or pink eyes, white or cloud spots on the eye(s), colored spots on the eyelid(s), swelling around the eyes, swollen eyelid(s), and general vision loss.

For a complete list of videos, visit our video library