Economics:
10th Edition
ISBN: 9781285859460
Author: BOYES, William
Publisher: Cengage Learning
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Question
Chapter 17, Problem 4E
To determine
(a)
Suppose you are a benevolent dictator who can impose any policy you chose in your country, if your goal is to accelerate economic development, explain your response for:
Foreign firms are afraid to invest in your country because your predecessor expropriated many foreign-owned factories
To determine
(b)
Suppose you are a benevolent dictator who can impose any policy you chose in your country, if your goal is to accelerate economic development, explain your response for:
There are few entrepreneurs in the country.
To determine
(c)
Suppose you are a benevolent dictator who can impose any policy you chose in your country, if your goal is to accelerate economic development, explain your response for:
The dominant domestic religion teaches that the accumulation of wealth is sinful.
To determine
(d)
Suppose you are a benevolent dictator who can impose any policy you chose in your country, if your goal is to accelerate economic development, explain your response for:
It is customary for families to have at least six children.
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