Explain why economic growth might be higher in a country with well-established property rights and a stable
Question:
Fantastic news! We've Found the answer you've been seeking!
Step by Step Answer:
Answer rating: 33% (12 reviews)
A stable political system and wellestablished property rights ...View the full answer
Answered By
SRIDEEP KAR
I am pursuing MCA(Master Of Computer Application) from Vellore Institute Of Technology (Vellore), India. I have done My B.Sc (Bachelor of Science) from the University Of Calcutta. I have approx 6 years of private teaching experience. except these, I know 3 languages (English, Hindi, and Bengali).
0.00
0 Reviews
10+ Question Solved
Related Book For
Macroeconomics Principles And Policy
ISBN: 9780324586213
11th Edition
Authors: William J. Baumol, Alan S. Blinder
Question Posted:
Students also viewed these Economics questions
-
Explain why economic growth accelerated so much for some countries, but not others, after the Industrial Revolution.
-
In a country with a working-age population of 22 million, 16 million are employed, 2 million are unemployed, and 1 million of the employed are working part-time, half of whom wish to work full-time....
-
In a country with a labor force of 200, a different group of 10 people becomes unemployed each month, but becomes employed once again a month later. No others outside these groups are unemployed. a....
-
howwould I work these out? (a) Calculate the amount of direct materials purchased during the period. Direct materials purchased (b) Calculate the cost of goods manufactured during the period. Costs...
-
Air enters the regenerative Brayton cycle of Fig. 9.47 cycle at 14 psia and 20°F. The pressure ratio is 4 and the maximum temperature is 1800ºF. Assuming an ideal cycle with constant...
-
As the manager of Margarita Mexican Restaurant, you must deal with a variety of business transactions. Provide an explanation for the following transactions: a. Debit Equipment and credit Cash. b....
-
For the data in Table 12.1, confirm that the Pearson statistic in equation (12.3) is 41.98 . Table 12.1 (12.3) Count Observed (j) (nj) Fitted Counts Using the Poisson Distribution (np;) 01234 6,996...
-
Mansfield Corporation had 2013 sales of $100 million. The balance sheet items that vary directly with sales and the profit margin are as follows: Percent Cash ..............5% Accounts receivable...
-
Jungleland, Inc., acquired 1,000 of the 4,000 shares of Clemmons Corporation for $300 each on January 1,2024 . The book value of Jungleland's share of Clemmons's identiflable net assets was $275,000...
-
Carol County administers a pension trust fund for some of its employees. The following represents some of the transactions recorded by the Carol County Pension Trust Fund. 1. Employee member cash...
-
Explain the different objectives of (long-run) growth policy versus (short-run) stabilization policy.
-
Chapter 6 pointed out that, because faster capital formation comes at a cost (reduced current consumption), it is possible for a country to invest too much. Suppose the government of some country...
-
Refer to vectors in R n (or R m ) with the standard inner product. Justify each answer. (T/F) If u + v 2 = u 2 + v 2 , then u and v are orthogonal.
-
Two identical small charged spheres, each having a mass of m in kg, hang in equilibrium as shown in Fig. The length L of each string is 0.162 m, and the angle = 5.0. The magnitude of the charge is...
-
The Scenic Railway requires a brakeman to travel with the train to control its speed. On the last stretch of track, the brakeman causes the brakes to apply a resistive force of 18 000N on the train....
-
Problem 1. A 20-kg crate is accelerated by a net force of 50 N applied for 12 s. (a) What is the acceleration of the crate from Newton's second law? (b) If it starts from rest, how far does it travel...
-
3) A block of mass m is sliding down an incline at an angle 9 with respect to the horizontal. Assume that the acceleration due to gravity is "g". a. If the block slides d meters down the ramp and the...
-
Injecting a streak with your favorite marinate, the force on the syringe piston is 75N and the surface area of the piston is 4 cm. What would be the force of the marinate as it comes out of the...
-
Write a program that can perform a letter frequency attack on any monoalphabetic substitution cipher without human intervention. Your software should produce possible plaintexts in rough order of...
-
What is a content filter? Where is it placed in the network to gain the best result for the organization?
-
Let \(P(n)\) be the statement \(2^{n}>n\). (a) Show that \(P(1)\) is true. (b) Observe that if \(2^{n}>n\), then \(2^{n}+2^{n}>2 n\). Use this to show that if \(P(n)\) is true for \(n=k\), then...
-
In Japan and a number of European countries, the antitrust laws were once much less severe than those in the United States. Do you think that this difference helped or harmed American industry in its...
-
Can you think of some legal rules that may discourage the use of antitrust laws to prevent competition while at the same time not interfering with legitimate antitrust actions?
-
During the oil crisis in the 1970s, long lines at gas stations disappeared soon after price controls were removed and gas prices were permitted to rise. Should this event be interpreted as evidence...
-
In order to better understand what you are trying to communicate, does Christianity and the Way of Jesus fall under a honor society, justice society or both?
-
For HOST280, I have a significant assignment. Core Values I need to be able to define what each core value means. To define these three core values. The definition is personal so that if someone asks...
-
Given that h(x)=x+6 and g(x)=x-5, find (g+h)(5), if it exists.
Study smarter with the SolutionInn App