In general, a country that adheres to the rule of law has
A) a higher level of real GDP per capita.
B) a lower level of real GDP per capita.
C) no relationship to the level of real GDP per capita.
D) an inverse relationship to the level of real GDP per capita.
A
You might also like to view...
Compared to an economy that uses a medium of exchange, in a barter economy
A) transaction costs are higher. B) transaction costs are lower. C) liquidity costs are higher. D) liquidity costs are lower.
Consumption depends on:
A. total income. B. disposable income. C. pre-tax income. D. Consumption is unrelated to income.
According to the theory of liquidity preference, the interest rate adjusts to balance the supply of, and demand for, loanable funds
a. True b. False Indicate whether the statement is true or false
Which of the following causes a difference in wages but does not necessarily qualify as discrimination?
A. differences in skills B. differences in experience C. differences in schooling D. differences in language E. All of the above lead to differences in wages but none of them necessarily qualifies as discrimination.