Answer:
C. protected property rights; were extractive and authoritarian
Explanation:
Based on the work of Acemoglu, Johnson and Robinson there were different types of colonization policies which created different sets of institutions. These authors argued that the colonization path was strongly influenced by feasibility of settlements. On the one hand, tropical places where diseases were more likely and affected Europeans the most, settlers formed extractive institutions. These institutions were not designed to protect private property or provide checks and balances against government expropriation. Their main objective was to transfer as much of the resources of the colony to the colonizer. On the other hand, where climates were more moderate, settlers seek to replicate European institutions, emphasizing private property and checks and balances against government power.
Answer:
No
Explanation:
It would be an out of pocket cost
Answer: $380 million
Explanation:
To solve the question, first we have to calculate the depreciation that'll be reported for each year and this will be:
= $1140 million/3 years
= $380 million
Then, the deferred tax liability related to the excess depreciation will be:
= ($380 million × 30%) + ($380 million ×
35%) + ($380 million × 35%)
= $114m + $133m + $133m
= $380 million
Answer:
1/4
Explanation:
MPC = dC/dY
dC is the change in consumption
dY is the change in demand for goods and services.
MPC = 15/60 = 1/4
If allowance is made for crowding out, the new estimate will be larger.