Which of the following policies could a relatively poor developing country adopt to promote economic growth? Check all that apply. Provide the legal and regulatory environment necessary for the functioning of a sound banking system. Establish and enforce strong property rights. Publicly fund a reasonable quantity of high-quality education. Allow people and businesses to trade freely with foreign producers and consumers. Allow the government to make all decisions about the economy's current production and investments for future production.
Which of the following policies could a relatively poor developing country adopt to promote economic growth? Check all that apply. Provide the legal and regulatory environment necessary for the functioning of a sound banking system. Establish and enforce strong property rights. Publicly fund a reasonable quantity of high-quality education. Allow people and businesses to trade freely with foreign producers and consumers. Allow the government to make all decisions about the economy's current production and investments for future production.
Brief Principles of Macroeconomics (MindTap Course List)
8th Edition
ISBN:9781337091985
Author:N. Gregory Mankiw
Publisher:N. Gregory Mankiw
Chapter7: Production And Growth
Section: Chapter Questions
Problem 6PA
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