1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Jobisdone [24]
3 years ago
11

(I) Countries with more economic freedom during the past quarter of a century had a lower average per capita GDP.(II) Countries

with more economic freedom during the past quarter of a century generally achieved higher rates of economic growth.Question 40 options:
Business
1 answer:
Komok [63]3 years ago
5 0

Answer:

I. False

II. True

Explanation:

Economic freedom refers to the human right to own and control private property and decide how your labor should be used. When Economic freedom exists, people are able to contribute freely to the economy in a way that they prefer in a stable environment that supports their ventures.

Evidence has shown that in countries where people have the liberty to engage in business as they see fit, the Economies grew faster and had a higher average GDP per capita than countries that did not.

This is why developed countries (usually have higher economic freedom) are better off than a lot of developing countries where several factors such as corruption hinder economic freedom.

You might be interested in
As treasury secretary, Alexander Hamilton Select one: a. wanted to eliminate the national debt. b. opposed the federal governmen
Anna35 [415]

Answer:

C) supported the creation of a national bank.

Explanation:

As the first treasury secretary, Alexander Hamilton supported the creation of a national bank because he believed it would strengthen the national economy, since the country had been recently formed.

He finally succeeded in creating the Bank of the United States in 1791, which was the first national bank of the US. The Bank of the US started operating in 1797 in Philadelphia.

5 0
3 years ago
Michael is the new department head at his company. he expects everyone to agree with his restructuring plan for the department,
Aleksandr [31]

Michael is creating an atmosphere in which his department members are so afraid of conflict and so eager for harmony that their decision making becomes uncritical, irrational, and dysfunctional. This psychological phenomenon is known as groupthink.

5 0
3 years ago
Which of the following would be most likely to increase your opportunity cost of attending college? a recession in the economy t
kipiarov [429]

Answer:

To start a job today that would permit you to earn about 50 percent more than you expected to make after graduation.

Explanation:

Opportunity cost is the cost of best next option foregone for choosing the current option. Here, the best opportunity foregone is of earning and starting the job today which will allow to earn 50 % more than what can be earned after completing the graduation, as already for graduation fees will be paid, along with further expenses. In that case if dropping graduation and starting a job was this beneficial then it would have been better.

Therefore the following has increased the opportunity cost of pursuing graduation.

to start a job today that would permit you to earn about 50 percent more than you expected to make after graduation

4 0
3 years ago
The financial statements of Flathead Lake Manufacturing Company are shown below. Income Statement 2017 Sales $ 9,300,000 Cost of
Nina [5.8K]

Question attached

Answer and Explanation:

Answer and explanation attached

4 0
3 years ago
Which is a natural property of nicotine?
Romashka-Z-Leto [24]
Nicotine has a stimulant effect and therefore is addictive. The addictive effect is noticable in people who still smoke cigarettes even though they are aware of the very real dangers of lung cancer induced by lengthy cigarette smoking.
3 0
3 years ago
Read 2 more answers
Other questions:
  • Capstone Investments is considering a project that will produce cash inflows of $11,000 at the end of Year 1, $24,000 in Year 2,
    12·1 answer
  • On December 12, year 1, Imp Co. entered into three forward exchange contracts, each to purchase 100,000 euros in ninety days. Th
    5·1 answer
  • Light poles to be paid for in installments by affected property owners$350,000 Van used to transport supplies to all city depart
    14·1 answer
  • ________________ represent a series of thick and thin vertical linesreadable by computerized optical scanners that represent num
    7·1 answer
  • ______________ was a seventeenth- and eighteenth-century belief that a nation should try to sell more goods to other nations tha
    6·1 answer
  • Once Starbucks had established its presence in thousands of cities internationally, the company sought to increase the number of
    7·1 answer
  • This revenue model provides professional services on a time and materials contract. a. utility and usage revenue model b. franch
    15·2 answers
  • Evidence-based HR refers to the practice of initiating disciplinary action against employees only in the presence of clear and d
    7·1 answer
  • Andrea earns $8 per hour and works 20 hours per week. She receives her paycheck for her hours worked during the week every Frida
    6·1 answer
  • Tracey decides to lease a car for two years. She puts $0 money down and pays $209.15 per month. At the end of the lease, Tracey
    11·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!