Author Question: An implication of the return-to-entrepreneurship curve is that: A) for a relatively lower return, ... (Read 121 times)

kwoodring

  • Hero Member
  • *****
  • Posts: 560
An implication of the return-to-entrepreneurship curve is that:
 
  A) for a relatively lower return, there will be more entrepreneurs with at least that return.
  B) all entrepreneurs in an economy with inclusive institutions have exactly the same return.
  C) all entrepreneurs in an economy with extractive institutions have exactly the same return.
  D) for a relatively lower return, there will be fewer entrepreneurs with at least that return.

Question 2

What is the relationship between the gross domestic product of a country and the level of life satisfaction in the country?
 
  What will be an ideal response?


yifu223

  • Sr. Member
  • ****
  • Posts: 302
Answer to Question 1

A

Answer to Question 2

GDP turns out to be an excellent predictor of life satisfaction. It has been found that there exists a robust relationship between GDP and life satisfaction in a large sample of countries. The countries with higher levels of per-capita GDP report higher levels of life satisfaction.



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
 

Did you know?

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

Did you know?

Your skin wrinkles if you stay in the bathtub a long time because the outermost layer of skin (which consists of dead keratin) swells when it absorbs water. It is tightly attached to the skin below it, so it compensates for the increased area by wrinkling. This happens to the hands and feet because they have the thickest layer of dead keratin cells.

Did you know?

Eat fiber! A diet high in fiber can help lower cholesterol levels by as much as 10%.

Did you know?

The most destructive flu epidemic of all times in recorded history occurred in 1918, with approximately 20 million deaths worldwide.

Did you know?

Russia has the highest death rate from cardiovascular disease followed by the Ukraine, Romania, Hungary, and Poland.

For a complete list of videos, visit our video library