Suppose you are a benevolent dictator who can impose any policy you choose in your country. If

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Suppose you are a benevolent dictator who can impose any policy you choose in your country. If your goal is to accelerate economic development, how would you respond to the following problems?

a. Foreign firms are afraid to invest in your country because your predecessor expropriated many foreign-owned factories.

b. There are few entrepreneurs in the country.

c. The dominant domestic religion teaches that the accumulation of wealth is sinful.

d. It is customary for families to have at least six children.

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Economics

ISBN: 9781032046723

9th Edition

Authors: William Boyes, Michael Melvin

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Question Posted: Apr 23, 2024 08:42 AM

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Suppose you are a benevolent dictator who can impose any policy you choose in your country. If

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As a benevolent dictator aiming to accelerate economic development heres how I would respond to the given problems a Foreign firms are afraid to invest in your country because of past expropriation To ...View the full answer

Economics

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