Countries with more economic freedom during 1980-2010 tended to
a. grow more rapidly, but the 2010 income levels of the freer economies were still lower than those that were less free.
b. achieve higher levels of income but the growth rates of the less free economies have been more rapid in recent years.
c. achieve both more rapid growth and higher income levels than those that were less free.
d. grow less rapidly and the 2010 income levels of the freer economies were lower than those that were less free.
C
You might also like to view...
The specific case that led to the partial breakdown of the use of the rule of reason by the Supreme Court was the ________ case.
a. American Tobacco b. ALCOA c. U.S. Steel d. IBM
Which of the following is most likely to be a private good?
A. Road B. Park C. City fireworks display D. Bicycle
A binding price floor is presented graphically as a(n):
a. price at equilibrium. b. price below equilibrium. c. price above equilibrium. d. inefficiently high quality of the good provided
The investment demand slopes downward and to the right because lower real interest rates:
A. expand consumer borrowing, making investments more profitable. B. boost expected rates of returns on investment. C. enable more investment projects to be undertaken profitably. D. create tax incentives to invest.