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Suppose, Country A has regulations that make corporate takeovers difficult for target management to block and country B has regulations that let target managers block
Suppose, Country A has regulations that make corporate takeovers difficult for target management to block and country B has regulations that let target managers block corporate takeovers easily. Assuming decision makers throughout the economy are rational, but possibly with different degrees of talent and foresight, explain possible implications for the Solow residuals of the two countries. Please provide a detailed answer in as many words as possible. Thank you
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