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Suppose you are in charge of establishing economic policy for the SMALL island c

ID: 1243373 • Letter: S

Question

Suppose you are in charge of establishing economic policy for the SMALL island country.

Which of the following policies would lead to greater productivity in the fishing industry. CHECK ALL THAT APPLY!

A. Imposing restrictions on foreign ownership of domestic capital.

B. Subsidizing research and development into new fishing technologies.

C. Encouraging saving by allowing workers to set aside a portion of their earnings in tax-free retirement accounts.

D. Sharply increase the interest rate on student loans to people pursuing advanced degrees in fishing.

Explanation / Answer

B. Subsidizing research and development into new fishing technologies.

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