Business
Business, 25.02.2020 02:31, cascyrio2002

Which of the following statements about the role of institutions in economic growth is TRUE and which of the following statements is FALSE? Explain. a) Higher expropriation risk due to low-quality governance and poor institutions might account for low levels of human and public capital in poor nations. b) The quality of institutions in countries colonized by Europeans is correlated with whether climate/disease allowed European settlers to live in those areas. c) Low-quality institutions make it difficult to protect property rights and enforce contracts. d) Low-quality institutions are central to the theory of poverty traps that states that countries need a "big push" to facilitate convergence in living standards to the developed world.

answer
Answers: 3

Other questions on the subject: Business

image
Business, 21.06.2019 15:00, dwilburn01
In order to be thoughtful about the implementation of security policies and controls, leaders must balance the need to with the impact to the business operations. doing so could mean phasing security controls in over time or be as simple as aligning security implementation with the business’s training events.
Answers: 1
image
Business, 22.06.2019 07:40, carliehanson9908
Alicia has a collision deductible of $500 and a bodily injury liability coverage limit of $50,000. she hits another driver and injures them severely. the case goes to trial and there is a verdict to compensate the injured person for $40,000 how much does she pay?
Answers: 1
image
Business, 23.06.2019 01:40, kaiya789
6. why the aggregate supply curve slopes upward in the short run in the short run, the quantity of output that firms supply can deviate from the natural level of output if the actual price level in the economy deviates from the expected price level. several theories explain how this might happen. for example, the misperceptions theory asserts that changes in the price level can temporarily mislead firms about what is happening to their output prices. consider a soybean farmer who expects a price level of 100 in the coming year. if the actual price level turns out to be 90, soybean prices will , and if the farmer mistakenly assumes that the price of soybeans declined relative to other prices of goods and services, she will respond by the quantity of soybeans supplied. if other producers in this economy mistake changes in the price level for changes in their relative prices, the unexpected decrease in the price level causes the quantity of output supplied to the natural level of output in the short run.
Answers: 3
image
Business, 23.06.2019 16:30, taylor3932
Example1 lcnrv: ted company uses the lower of cost or nrv method in valuing its inventory items. the inventory at december 31, 2017, consists of products a, b and c, each having 1,000 units. relevant unit data for these products appear below: item a item b item c cost $ 80 $80 $80 estimated selling price 180 100 90 estimated selling cost 30 30 30 required: using the lower of cost or net realizable value rule, determine the proper value of inventory for balance sheet reporting purposes at december 31, 2017. prepare any necessary journal entry. apply the lower of cost or nrv method: • on an individual inventory basis; • on a group basis; • on a total inventory basis. solution worksheet: inventory (on an individual basis): inventory value item nrv cost lc- item a item b item c total inventory (on a group basis): inventory value item nrv cost lc- group 1 (item a and b) group 2 (item c) total inventory (on an aggregate inventory basis): inventory value item nrv cost lc- total inv
Answers: 3
Do you know the correct answer?
Which of the following statements about the role of institutions in economic growth is TRUE and whic...

Questions in other subjects:

Konu
English, 12.02.2021 18:00
Konu
Mathematics, 12.02.2021 18:10
Konu
Social Studies, 12.02.2021 18:10