4. Institutions are the advantages of large-scale production that reduce averag

Question

4. Institutions are the advantages of large-scale production that reduce averag are the rules of the game that structure economic incentives. O are the framework that allows the government to control the eco O do not vary much from country to country. 35. Corruption causes investment in physical capital to: increase o decrease. remain unchanged. become impossible. 36. In a steady state, output is: Ogrowing. O declining. constant. zero. 37. Consider a small country with a capital stock equal to 900 units. This ye K1/2, If there is no technological advancement, what will the growth rate -4 130% Remaining: 13:46:00 Start: 9:39 PM

Explanation / Answer

Ans:

35) decrease

Corruption is the most common impediment for economic growth.It hinders economic growth by reducing investment in physical capital.

Related Questions

Navigate

• Browse (All)
• Browse 4
• Subjects

---

---

Integrity-first tutoring: explanations and feedback only — we do not complete graded work. Learn more.