The correct answer is a) institutions are created by domestic leaders and legislators who govern and establish laws.
Explanation:
In Economic Development literature, there are two predominant, contrasting views of the nature of institutions. On one side, the top-down view refers to institutions as determined by laws written by political leaders. On the other side, the bottom-up perspective defines institutions as emerging from social norms, traditions, values and beliefs held by individuals within a society. Both views have very different implications on economic policies and structures and the way optimal institutions must be built.
I think that he would feel contented. I say this because contented means "at ease" and this one makes more since then determined, embarrassed, or annoyed.
