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please answer Consider the following figure from this week's reading: a. Procyclical management in Mongolia b, Countercyclical management in Chile Steeper regression line reveal a
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Consider the following figure from this week's reading: a. Procyclical management in Mongolia b, Countercyclical management in Chile Steeper regression line reveal a wooler Flother regression line reveals a stronger commament lo complying with me commitment to complying with rules 60- Expenditures ( change) Expenditures [ change) 20- 70 -20- -20 20 40 160 120 O 20 60 Exports > changel Exports (- change) SourD: Mongolia: Mongols Statistical Information Services money chia, 2068 is Our world tune World bent This figure is intended to support which of the following claims? Exporting countries are more prone to failures of cooperation Countercyclical management of resource revenues are a sign of low trust in institutions, Mongolia suffers from poor coordination relative to Chile Similar institutions may produce very different outcomes in different placesStep by Step Solution
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