Suppose you were in charge of establishing economic policy for a small island country whose only...

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Suppose you were in charge of establishing economic policy for a small island country whose only industry is trapping. When people aren't trapping, they're enjoying leisure time with their families. Which of the following policies would lead to greater economic growth? Check all that apply. Lowering the income tax, assuming that this change increases output by encouraging people to work longer hours Limiting the work week to 35 hours to help workers spend more time with their families Offering free public education to increase the human capital of the country Subsidizing research and development of new trapping technologies What is the best measure of labour productivity in this economy? Animals trapped per trap Animals trapped per hour spent trapping Animals trapped per citizen Animals trapped per year Suppose you were in charge of establishing economic policy for a small island country whose only industry is trapping. When people aren't trapping, they're enjoying leisure time with their families. Which of the following policies would lead to greater economic growth? Check all that apply. Lowering the income tax, assuming that this change increases output by encouraging people to work longer hours Limiting the work week to 35 hours to help workers spend more time with their families Offering free public education to increase the human capital of the country Subsidizing research and development of new trapping technologies What is the best measure of labour productivity in this economy? Animals trapped per trap Animals trapped per hour spent trapping Animals trapped per citizen Animals trapped per year

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