De Soto's The Other Path encourages poor countries to use their development policies to do all of the following except
A. Enforce laws to safeguard property.
B. Encourage population growth.
C. Reduce regulations.
D. Encourage entrepreneurship.
Answer: B
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A) actual B) real C) purchasing power parity D) chain-weighted
A public good has the quality of excludability but not the quality of depletability
a. True b. False Indicate whether the statement is true or false
Explain the practice of tying and discuss why it is controversial
If the elasticity of labor demand is greater than one, then imposing a minimum wage above the equilibrium wage will cause:
A. the firms' total wage bill to rise. B. the firms' total wage bill to fall. C. employment to rise. D. no adverse employment effects.