Assume that a civil war erupts in a given country, creating chaos and destroying most of the

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Assume that a civil war erupts in a given country, creating chaos and destroying most of the economy’s infrastructure (e.g., roads, businesses, and telecommunications).

a) What would be the effect on economic growth?

b) How do you think a civil war affects incentives to invest in that country?

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Macroeconomics Policy And Practice

ISBN: 978-0133424317

2nd Edition

Authors: Frederic Mishkin

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Question Posted: Feb 17, 2024 11:01 PM

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Assume that a civil war erupts in a given country, creating chaos and destroying most of the

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a The effect on economic growth of a civil war can be devastating The destruction of infrastructure ...View the full answer

Macroeconomics Policy And Practice

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