Developing infrastructure and ensuring that property rights will be protected can help a poor country grow more quickly according to de Soto's book The Other Path.
Answer the following statement true (T) or false (F)
True
De Soto concluded that countries could grow more quickly if governments encouraged rather than suppressed entrepreneurial resources. In his best-selling book, The Other Path, he urged poor countries to refocus their development policies. This 'other path' entails improving the business climate by reducing bureaucratic barriers to free enterprise, spreading private ownership, developing and enforcing legal safeguards for property, income, and wealth, and developing infrastructure that facilitates business activity.
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Indexing is the process of:
A. increasing a real quantity by an amount equal to the percentage change in a price index. B. dividing a real quantity by a price index. C. dividing a nominal quantity by a price index. D. increasing a nominal quantity by an amount equal to the percentage change in a price index.
As the ________ interest rate increases, the quantity of loanable funds demanded ________
A) real; increases B) real; decreases C) nominal; increases D) nominal; decreases
For a commitment strategy to work:
A. the punishment must occur immediately after the game is played. B. the punishment must be so bad that it outweighs the incentive to defect in the game. C. no player may have a dominant strategy. D. both players must agree to a punishment.
The top executives who run a corporation
What will be an ideal response?