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2 years ago

Why might an economist favor activist policies in developed countries and laissez-faire policies in developing countries

Business

1 answer:

Maslowich2 years ago

5 0

Answer:

One of the main economic issues in developing countries is rampant corruption or extremely inefficient government institutions. This means that less government intervention is always better in developing countries.

On the other hand, in developed countries, the checks and balances system exists within government institutions and even though corruption may exist, it is not as widely spread. The most severe economic problem in developed countries is inequality and huge economic actors. This is why activist policies may be necessary in developed countries, at least in certain economic sectors.

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Alchen [17]

Answer:

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Explanation:

Calculation for the activity variance for supplies cost in March

Using this formula

Activity variance = (Actual units - Budgeted units) * Variable cost

Where,

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Let plug in the formula

Activity variance=(856-861) * $6

Activity variance=5*$6

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Therefore the activity variance for supplies cost in March would be closest to: $30 Favorable

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Answer:

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Explanation:

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