Identify each of the following situations as something that either promotes growth or retards growth. a. Increasing

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Identify each of the following situations as something that either promotes growth or retards growth.

a. Increasing corruption allows government officials to steal people’s homes.

b. A nation introduces patent laws for the first time.

c. A court order shuts down all banks permanently.

d. A poor country extends free public schooling from 8 years to 12 years.

e. A nation adopts a free-trade policy.

f. A formerly communist country adopts free markets.

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Macroeconomics

ISBN: 9781264112456

22nd Edition

Authors: Campbell McConnell, Stanley Brue, Sean Flynn

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