Question

The empirical evidence indicates that compared to economies that are less free, countries with institutions and policies more consistent with economic freedoma. grow more rapidly, but experience higher poverty rates.b. achieve higher income levels per person but experience higher poverty rates.c. grow more rapidly and achieve larger poverty rate reductions.d. experience less rapid rates of economic growth and higher overall poverty rates.

Answer 1

Answer: The empirical evidence indicates that compared to economies that are less free, countries with institutions and policies more consistent with economic freedom C. grow more rapidly and achieve larger poverty rate reductions.

Explanation: Countries that have policies in place are more likely to achieve growing at a faster rate and reductions because their people follow the rules and work hard to meet the expectations of the person in charge of their country. Free countries normally do not have steps in place to have a strong economic system and supporters of it.